MOSCOW (MRC) -- PTT Global Chemical (PTTGC) is likely to shut its No.2 paraxylene (PX) plant for a maintenance turnaround, as per Apic-online.
A Polymerupdate source in Thailand informed that the company has planned to take the plant off-line in mid-June 2017. The plant is expected to remain shut until end-July 2017.
Located at Rayong province in Thailand, the plant has a production capacity of 765,000 mt/year.
As MRC wrote previously, in June 2016, PTTGC announced that it would finalize plans to develop a petrochemical complex in the US by 2017 after a delay caused by falling global oil prices. The ethane cracker plant based on shale gas in Belmont County, Ohio was to be finalized in terms of partnership, finance and design in early 2017, said then chairman Prasert Bunsumpun. He said completion of the petrochemical complex would take two years, by which time low oil prices should help reduce energy, feedstock and development costs.
The plant costing USD 5.7 billion will have an annual capacity to produce 1 million tons of ethylene, 700,000 tons of high-density polyethylene, 500,000 tons of monoethylene glycol and 100,000 tons of ethylene oxide.
PTT Global Chemical is a leading player in the petrochemical industry and owns several petrochemical facilities with a combined capacity of 8.45 million tonnes a year.
MRC