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PTTGC mulls over starting up new cracker in Thailand in December

October 28/2020

MOSCOW (MRC) -- PTT Global Chemical (PTTGC) might start up the newly constructed cracker in Map Ta Phut, Thailand this December, reported CommoPlast with reference to market sources.

The company kickstarted the project in early 2018 as part of PTTGCs USD4.5 billion projects to retrofit its Map Ta Phut site.

The new cracker operates on flexible feeds, primarily to utilize the surplus naphtha from its refinery. The unit has an annual capacity of 500,000 tons/year of ethylene and 261,000 tons/year of propylene.

As MRC wrote previously, PTTGC fully restarted its No. 2 cracker in Map Ta Phut by end-February, 2020, after a planned turnaround. The cracker was shut for maintenance on January 20, 2020. Located at Map Ta Phut, Thailand, the No. 2 cracker has an ethylene production capacity of 400,000 mt/year.

The company also operates No. 1 cracker at the same site with a capacity of 515,000 tonnes of ethylene and 310,000 tonnes of propylene per year, which was also shut on 23 January, 2020, for a 40-day turnaround.

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

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,496,500 tonnes in the first eight months of 2020, up by 5% year on year. Shipments of all ethylene polymers increased, except for linear low desnity polyethylene (LLDPE). At the same time, PP shipments to the Russian market reached 767,2900 tonnes in the eight months of 2020 (calculated using the formula - production minus exports plus imports - and not counting producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.

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.
Author:Margaret Volkova
Tags:PP, PE, LLDPE, PP random copolymer, propylene, ethylene, PTT Chemical, Russia, Thailand.
Category:General News
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