APIC ’10: Thai PTT Chem hopeful on feedstock problem resolution

13 May 2010 11:19  [Source: ICIS news]

MUMBAI (ICIS news)--Thailand’s PTT Chemical hopes its sixth gas separation unit will be freed up from court injunction by the middle of the year, a company executive said on Thursday.

“We can resolve this within the middle of the year at the latest, maybe the third quarter,” Narong Bunditkamol, executive vice president at PTT Chemical, said on the sidelines of the Asian Petrochemical Industry Conference 2010 (APIC) in Mumbai.

The plant was among several major petrochemical projects in Rayong province that were suspended under a court ruling on environmental grounds.

Once operational, the gas separation unit will provide feedstock to the firm's new 1m tonne/year cracker at the same site. It intends to run its new 1m tonne/year ethane cracker in Mab Ta Phut at full capacity by mid-year.

“We try to allocate our existing ethane to this plant,” Narong said.

On the back of strong demand for petrochemical building block-ethylene, PTT Chemical is considering delaying the turnaround of its 515,000 tonne/year I-4 No 1 cracker until it can run the new ethane cracker at full capacity.

“We may delay, maybe start (the turnaround) in July,” Narong said.

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By: Pearl Bantillo
+65 6780 4359

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