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13 May 2007

THAILAND WORLD SCALE ETHANE CRACKER AND POLYETHYLENE PLANTS START CONSTRUCTION

PTT Polyethylene Company Limited (PTTPE), a wholly owned subsidiary of PTT Chemical Public Company Limited, starts construction its World Scale Ethane Cracker and Polyethylene Plants at Map Ta Phut, Rayong, Thailand. The Laying of Foundation Stone Ceremony was recently held at the new premises on May 14, 2007. The Complex is composed of 3 major plants Ethane Cracker Plant, Low Density Polyethylene (LDPE) Plant and Linear Low Density Polyethylene (LLDPE) Plant.

Toyo-Thai Corporation Ltd. have received Construction Contract on a lump sum basis for the a gas base ethylene plant with capacity 1,000,000 tons per year. This world-biggest-scale ethylene plant based on ABB Lummus Global technology will be the largest ethylene plant in Thailand and schedule to be completed by the end of October 2009. The ethylene produced by this plant will be the feedstock of polyethylene plants (LDPE & LLDPE) of PTTPE to be constructed concurrently in the same complex.

Low Density Polyethylene (LDPE) Plant will be built by Toyo-Thai Corporation Ltd. (TTCL) TTCL, who undertakes onshore construction works. The plant will produce 300,000 t/y Low Density Polyethylene (LDPE) using Basell Lupotech T technology and schedule to complete by the first quarter of 2010. The LDPE produced from this plant is highly flexible used in packaging film, grocery bags, agricultural mulch, cable insulation, squeeze bottles, toys, housewares and etc.

PTTPE also awards the Supply Contract and the Construction Contract to Toyo-Thai Corporation Ltd. for a 400,000 t/y linear low density polyethylene (LLDPE) plant. Based on Univation technologies, this large polyethylene plant is scheduled to be completed by the end of October 2009. The polyethylene produced by this plant will be used in various kinds of product such as packaging, containers, garbage bags, plastic films and etc.

This Ethane Cracker and Polyethylene Plants Complex is a part of master plan for the third wave of Thailand petrochemical industry development which is enhancing value of Thai natural gas reserves.

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