Dow & Siam Cements plan naptha cracker plant in Thailand
11 Nov '05
1 min read
Dow Chemical Co. in cooperation with Siam Cement PLC will establish a $1.1 billion petrochemical plant in Thailand's Rayong Province.
The supposed naphtha-cracking plant will have the production capacity of 900,000 metric tons per year of ethylene and 800,000 metric tons per year of propylene from naphtha, condensate and liquid petroleum gas.
Siam, Thailand's biggest industrial company, claims a 67 percent investment in the plant, which will located about 80 miles southeast of Bangkok and will start its operation in mid-2010.
In an associated project, Siam will invest $400 million to start a polyethylene and polypropylene plant using olefins obtained from the naphtha-cracking plant. This plant will have the production capacity of 300,000 tpy of high-density polyethylene and 400,000 tpy of polypropylene; it will start its operation in 2010.
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