PTT Global Chemical and Japanese Firms Jointly Pursue Thai PO/Polyols Complex

Thai chemical company PTT Global Chemical (PTTGC) has signed two agreements with Japanese firms Toyota Tsusho and Sanyo Chemical Industries (SCI) to jointly carry out engineering studies for a propylene oxide (PO) and polyether polyols complex.

A total investment of around $1 billion will be made in the plants which will be located on the Hemaraj Eastern Industrial Estate in Rayong. Toyoto Tsusho will partner PTTGC to study a 200,000 t/y PO plant, with Sanyo Chemical Industries joining for the study on a 130,000 t/y polyols facility.

The engineering work follows the successful completion of a preliminary joint feasibility study which began early this year. Front end engineering design (FEED) and verification of the project’s viability will now take place before a final investment decision is made, targeted for 2016, when the next phase of engineering, procurement and construction will proceed.

PTTGC said that it would secure a reliable and stable supply of propylene and ethylene oxide feedstock, while SCI will provide its technology know-how and R&D development on polyols.

Toyota Tsucho, a trading company owned 21.7% by Toyota Motor Corporation, will provide logistics and order management expertise from its strong market and global sales network, particularly in India and Asia-Pacific for both PO and polyols.

Free Virtual Event

Sustainability in Bioprocessing
Bioprocess Forum

Sustainability in Bioprocessing

Join us to explore hot topics in sustainable bioprocessing like the industrial potential of enzymatic synthesis, innovative biocatalysis techniques, and the use of digital twins in bioprocessing.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.