PTTGC to build Thailand PO-polyols complex, details US cracker plans

摘要

PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest and one of Asia’s fastest-growing petchems players, tells CW that it will invest about $1-billion in a propylene oxide (PO)-polyols complex in Thailand. The company has also provided more information regarding its proposed investment in Ohio. PTTGC says it will build a 200,000-m.t./year PO and 100,000 m.t.-150,000 m.t./year polyols complex in Rayong. The polyols unit will be based on technology provided by Vencorex, a joint venture with Perstorp. PTTGC has raised its stake in Vencorex, a producer of polyurethane intermediates, to 85%. Completion of the investment is slated for 2019. Another domestic project involves PTTGC converting a 400,000-m.t./year linear low-density polyethylene plant to metallocene technology.