APIC' 12: Siam Mitsui runs Map Ta Phut PTA units at full capacity

17 May 2012 06:30  [Source: ICIS news]

KUALA LUMPUR (ICIS)--Siam Mitsui is currently running its three purified terepthalic acid (PTA) units in Map Ta Phut, Thailand, at full capacity to supply material to the Japanese downstream polyester market, a source familiar with the matter said on Thursday.

The company's PTA units at the site have a combined nameplate capacity of 1.45m tonnes/year.

“About 20,000 tonnes of PTA is being moved monthly from Thailand into Japan,” the source said at the sidelines of the 34th Asia Petrochemical Industry Association Conference (APIC) in Kuala Lumpur.

This trade flow, which is unusual, came about because of the shutdown of Mitsui Chemicals’ plants at its Iwakuni petrochemical site since April, following an explosion. The company has a 400,000 tonne/year PTA plant at the site.

“It remains unclear when the Iwakuni unit can be restarted,” the source said. Officials from Mitsui Chemicals could not be immediately reached for comments.

The company is a joint-venture company between Japan’s Mitsui Chemicals and Thai conglomerate, the Siam Cement Group.

APIC runs from 17-18 May.

By: Bohan Loh
+65 6780 4359

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