Thai Olefins to boost ethylene capacity gas used

Thai Olefins Co. (TOC) plans to launch a $120 million project to nearly double its ethylene cracking capacity while switching its feedstock from naphtha to ethane from natural gas.The move comes as TOC is on the verge of successfully completing its $328 million debt-restructuring program.TOC plansTOC, one of Thailand's three major olefins producers, plans to add about 300,000 tonnes/year of capacity to its existing 385,000 tonne/year complex in the Thai eastern seaboard province of Rayong by the second quarter of 2003, company officials said. In addition to ethylene, the TOC currently has the capacity to produce 190,000 tonnes/year of polypropylene.Plans are also on tap for TOC to rep...

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