THAI PETROCHEM UNITS EYED

June 4, 1990

Industry plans petrochemical projects totaling $300 million in Thailand. Thailand's Siam Cement Group 51% and Dow Chemical Corp. 49% formed a $188 million joint venture to produce 200,000 tons/year of styrene monomer in the Thai eastern seaboard province of Rayong. Using Dow technology, the plant will start up in late 1993.

Industry plans petrochemical projects totaling $300 million in Thailand.

Thailand's Siam Cement Group 51% and Dow Chemical Corp. 49% formed a $188 million joint venture to produce 200,000 tons/year of styrene monomer in the Thai eastern seaboard province of Rayong. Using Dow technology, the plant will start up in late 1993.

Mitsubishi Corp. and a Thai investor group plan to build a $72 million, 40,000 ton/year linear alkylbenzene plant in Rayong province. Using UOP Inc. technology fed by normal paraffin from a planned Exxon Corp. paraffin plant at Si Racha, Chon Buri province, the LAB plant is to start up in November 1992.

Huntsman Chemical Co., Japan's TOA Paint, and Mitsubishi share equally in a joint venture to build a $40 million, 25,000 ton/year polystyrene plant in Rayong province.

Using Huntsman technology, the plant is to be complete in January 1992.