27 May 2008 08:49 [Source: ICIS news]
SINGAPORE (ICIS news)--Japanese acrylonitrile (ACN) major Asahi Kasei will start construction of its 200,000 tonne/year plant in Thailand in August, a company source said on Tuesday.
Asahi and Thailand’s PTT Chemical will jointly build the $750m plant, which is scheduled for completion in 2010, the source added on the sidelines of the two-day Asia Petrochemical Industry Conference (APIC) in Singapore.
The plant at Map Ta Phut in Rayong province would use Asahi’s propane technology, while PTT would provide the propane feedstock from its gas-separation plant.
The joint venture would also include a 70,000 tonne/year methyl methacrylate (MMA) unit, which would use the hydrogen cyanide by-product from the ACN plant to produce MMA, using the acetone cyanohydrin technology.
Asahi Kasei produces a total of 750,000 tonnes/year of ACN from its plants in Japan and South Korea.
It also plans to build another 200,000 tonne/year ACN plant in the Middle East, with the completion date slated for 2013.
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