28 March 2012 02:39 [Source: ICIS news]
HOUSTON (ICIS)--Dow Chemical on Tuesday announced the official opening of a production complex in Thailand with Siam Cement Group (SCG) and Solvay including a naphtha cracker as well as several downstream plants.
Located at Asia Industrial Estate (AIE), Ban Chang, Rayong province, the joint venture (JV) complex is part of a $3bn (€2.25bn) investment under the name “Thai Growth Project”, Dow said.
The project was announced in 2006 and includes a 900,000 tonne/year naphtha cracker plant operated by Map Ta Phut Olefins as well as downstream polyethylene (PE), specialty elastomers, propylene oxide (PO) and hydrogen peroxide units operated by Solvay.
Map Ta Phut Olefins is a JV between Dow and SCG Chemicals.
The project makes Thailand Dow’s largest manufacturing base in Asia Pacific, the US-based company said.
($1 = €0.75)
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