New Thailand ethylene plant commissioned

Siam Mitsui PTA's purified terephthalic acid (PTA) plant started up in February. Cementhai Chemical Co., part of Siam Cement Group, and Mitsui Chemical Inc., one of the world's largest PTA producers, each owns 49% of Siam Mitsui PTA. SMH holds a 2% stake. Thailand's third world-scale olefins complex came onstream in February, making the country a dominant player in the Southeast Asian petrochemical industry while aggravating the oversupply situation, especially in Thailand. The new olefins plant, owned by Rayong Olefins Co. Ltd. (ROC), can produce 600,000 metric tons/year (mty) of ethylene and 300,000 mty of propylene. ROC plans to step up its capacity ut...

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