KURARAY
JV with PTT and Sumitomo proceeds with butadiene derivatives plant in Thailand / Adjacent Kuraray MPD project also confirmed
Kuraray GC Advanced Materials (Bangkok / Thailand), a JV between Kuraray (Tokyo / Japan; www.kuraray.co.jp), PTT Global Chemical (Bangkok; www.pttgcgroup.com) and trading house Sumitomo (Tokyo; www.sumitomocorp.com), is to proceed with a new project to produce polyamide 9T (PA 9T) and hydrogenated styrenic block copolymers (HSBC) in Thailand. Located in the WHA "Hemaraj Eastern Industrial Estate" in Map Ta Phut, Rayong, the facility will have the capacity to produce 13,000 t/y of PA 9T and 16,000 t/y of HSBC. The JV partners have been conducting a feasibility study for the project, which relies on butadiene feedstock supplies from PTT, since September 2016 – see Plasteurope.com of 26.09.2016.

In addition, Kuraray confirmed plans to build, alone, a 5,000 t/y production plant for 3-methyl-1,5-pentanediol (MPD) adjacent to the Kuraray GC Advanced Materials project. The Japanese company said it expects construction for the projects to be completed by the end of 2021, with its investment totalling approximately JPY 40 bn (EUR 321m). The specific costs of the Kuraray GC Advanced Materials project and the Kuraray MPD project were not disclosed.

Kuraray GC Advanced Materials was established in June 2018 and is majority owned by Kuraray, with a 53.3% stake. PTT holds a 33.4% share and Sumitomo holds 13.3% – see Plasteurope.com of 24.08.2018.
16.01.2019 Plasteurope.com [241487-0]
Published on 16.01.2019
Kuraray: Bau einer Anlage für PA-9T in ThailandGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 25.11.2024 02:35:43   (Ref: 413220385)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp