The cracker, which is expected to commence operations in 2010, builds on Dow's long-standing successful business relationship with SCC and is the latest in a series of joint venture projects between one of the world's largest chemical companies and Thailand's leading manufacturing company.
The two companies signed their first joint venture agreement in 1987, and have since formed a total of five joint venture companies, producing polyols, synthetic latex, polystyrene, styrene monomer and polyethylene at the Map Ta Phut site. The SCC-Dow Group of companies has also invested in the ethylene cracker operated by Siam Cement at the site.
Siam Cement's Chemicals business is one of the leading players in the Asia Pacific region and serves worldwide customers.
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