Siam, Dow sign up to $315m Thai LLDPE project

28 November 2007 14:40  [Source: ICIS news]

TORONTO (ICIS news)--Siam Cement has reached a technology licensing deal with Dow Chemical for a second joint-venture $315m (€211m) linear low density polyethylene (LLDPE) project in Thailand, the petrochemicals major said on Wednesday.

 

The 350,000 tonne/year plant was expected to start up in the second half of 2010, with feedstock to be supplied by a second naphtha cracker in Map Ta Phut, also a joint venture between the two, Siam said.

 

It would focus on LLDPE C6 and C8 grades, which were used mainly in the packaging industry, Siam added.

  

($1 = €0.67)

By: Stefan Baumgarten
+1 713 525 2653

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly