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PTTGC awards EPC contract for Map Ta Phut olefins project

February 18/2021

MOSCOW (MRC) -- PTT Global Chemical (PTTGC; Bangkok, Thailand) has awarded Samsung Engineering a USD127-MM EPC contract to modify the Map Ta Phut olefins complex in Thailand, according to Hydrocarbonprocessing.

Samsung"s scope is to increase the throughput of propane for the production of propylene by building propane-propylene split and distillation towers and modify the current facilities.

The project is scheduled to be completed by 2023. According to Business Korea, Samsung Engineering is currently carrying out two plant projects of PTT GC - the Olefin Project and the Propylene Oxide Project.

As MRC informed earlier, in November 2020, PTT Global Chemical said that its planned 1.5-million metric tons/year steam cracker project at Belmont County, Ohio, remained the top priority for its affiliate PTTGC America (PTTGCA). The company said that the project had not at any point been put on hold. In September 2020, PTTGC signed an ethane supply agreement with Range Resources Corp. (Forth Worth, Texas). Range will supply 15,000 b/d of ethane to a facility that includes a cracker with ethane feed capacity of 100,000 b/d and multiple facilities for creating ethylene derivative products.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC"s ScanPlast report, Russia"s estimated PE consumption totalled 2,220,640 tonnes in 2020, up by 2% year on year. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, polypropylene (PP) shipments to the Russian market reached 1 240,000 tonnes in 2020 (calculated using the formula: production, minus exports, plus imports, excluding producers" inventories as of 1 January, 2020). Supply of exclusively PP random copolymer increased.

PTT Global Chemical is a leading player in the petrochemical industry and owns several petrochemical facilities with a combined capacity of 8.45 million tonnes a year.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, PP random copolymer, propylene, LDPE, HDPE, ethylene, PTT Chemical, Russia, USA, Thailand.
Category:General News
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