PTT/Asahi jv plan moves forward

Gordon, Michael
May 2006
ICIS Chemical Business;5/22/2006, Vol. 1 Issue 20, p22
Trade Publication
The article reports on the proposed joint venture of PTT of Thailand and Japan's Asahi Kasei Chemicals which will be called PTT Asahi Chemical. The two companies have signed a memorandum of understanding (MoU) for the joint venture which covers co-investment in a 200,000 tonne/year acrylonitrile (ACN) unit, a 70,000 tonne/year methyl methacrylate (MMA) plant and a feasibility study on a 25,000 tonne/ year PMMA unit. The MMA project will also use Asahi Kasei's technology, with acetone cyanohydrin from the ACN plant as feedstock.


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