27 August 2010 08:36 [Source: ICIS news]
“The court is just listening to the closing speeches from each party. They announced that the ruling will be on the second of September,” said the source.
The Ministry of Natural Resources of Thailand has yet to formally adopt the list put forth on Monday by the National Environmental Board on what constitutes “harmful industries”, which excluded downstream petrochemical projects, she said.
PTT, the biggest oil and gas producer in
But the court approval would be the final stamp needed for these stalled projects to proceed, the source said.
It was a ruling upheld in December last year by the Supreme Administrative Court on 65 projects but some projects had been cleared to proceed since the start of this year.
Some of the projects of Thai conglomerate Siam Cement Group in Mab Ta Phut were also included in the list of projects under suspension.
Among the 17 PTT projects, only the one involving monoethylene glycol may not get immediate approval and may be required to complete certain requirements like health impact assessments (HIA), the PTT source said.
PTT is currently conducting HIAs on all 24 projects that were initially suspended and should complete the process in November, the source added.
To discuss issues facing the chemical industry go to ICIS connect
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|