Siam Cement and Dow Chemical new joint-venture for 900,000 tonne/year capacity cracker project in Mab Ta Phut, Thailand is on track to start up in the second half of 2010 despite concerns that the project schedule affected by a recent dispute between Mab Ta Phut residents and government officials over environmental concerns which could turn the site into a “pollution-control” zone.
Siam Cement/Dow Chemicals had already started construction with erection on piling work for the new complex including a new naphtha cracker is on progress. The cracker survives on imported naphtha, as much as 85% for the feedstock.
The economics for the project was uplifted by a value-added downstream integration including propylene oxide (PO) and specialty elastomers through Dow Chemicals. Planned specialty elastomers plant will produce AFFINITY Polyolefin Plastomers and ENGAGE Polyolefin Elastomers for packaging and automotive thermoplastic applications. It was also estimated that as much as 50% savings from construction cost can be achieved as compared to Middle East.
Siam Cement/Dow Chemicals had already started construction with erection on piling work for the new complex including a new naphtha cracker is on progress. The cracker survives on imported naphtha, as much as 85% for the feedstock.
The economics for the project was uplifted by a value-added downstream integration including propylene oxide (PO) and specialty elastomers through Dow Chemicals. Planned specialty elastomers plant will produce AFFINITY Polyolefin Plastomers and ENGAGE Polyolefin Elastomers for packaging and automotive thermoplastic applications. It was also estimated that as much as 50% savings from construction cost can be achieved as compared to Middle East.
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