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Thailand: World's first acrylonitrile plant commences operationsSource: The Nation, 11 February 2013PTT, Asahi Kasei Chemicals and Marubeni jointly opened the world's first acrylonitrile plant in Thailand, to produce raw materials for plastic and acrylic fibre manufacturing. Using propane as feedstock, this plant is expected to reduce Thailand's imports. "I believe that such collaboration between Thailand and Japan has brought in combining strength in technology, know-how and natural resources especially the natural gas to develop the petrochemical industry to accommodate the current high rising demand in energy. This occasion will mark the beginning of cooperation development to efficiently use the technology and natural resources for highest benefits in the future. The commercial operation will reduce imports of raw materials and increase export of the products to augment the country's overall export income," said Police Major General Lattasanya Piansomparn, advisor to Minister of Energy.

The project is carried out by PTT Asahi Chemical Co Ltd (PTTAC), a 48.5:48.5:3 joint venture of the three companies. Established in 2006, PTTAC built the plant at Hemaraj Eastern Industrial Estate (Map Ta Phut), Rayong. It will use propane from PTT Gas Separation Plant to produce 200,000 tonnes of Acrylonitrile (AN), a raw material for plastic and acrylic fibre, 70,000 Tons of Methyl Methacrylate (MMA), a raw material for Poly Methyl Methacrylate (PMMA), and 160,000 tonnes per year of Ammonium Sulfate (AMS), a raw material for fertiliser. PTT will additionally supply acetone feedstock from its newly-completed PTT Phenol plant, and other utilities via its PTT Utility. PTTAC financed the investment through a USD 400 MN loan from Bank of Tokyo Mitsubishi-UFJ, Mizuho Corporate Bank, Norinchukin Bank, Sumitomo Mitsui Banking orporation, The Sumitomo Trust & Banking, HSBC and ING Bank.

Read more:http://www.globalintelligence.com/insights/asia-news-update/asia-news-update-february-22-2013/thailand-world-s-first-acrylonitrile-plant-commences-operations-india-fertiliser-ministry-drafts-first-ever-national-policy-asia-asia-s-naphtha-rally-to-persist-on-supply-squeeze-firm-demand#ixzz3AQivSjii

Grand Opening Ceremony for AN and MMA plants in ThailandFebruary 13, 2013Asahi Kasei Chemicals Corp.Asahi Kasei Chemicals held a Grand Opening Ceremony for new acrylonitrile (AN) and methyl methacrylate (MMA) plants in Thailand on February 11, 2013.Asahi Kasei Chemicals is the largest supplier of AN in the high-growth Asian market, and the worlds second-largest AN supplier. The company is proactively expanding its AN business to meet growing demand as a world-leading business. It is also expanding its MMA business to meet demand in the growing markets of Asia as well as in Japan.In line with its business expansion strategy, Asahi Kasei Chemicals established PTT Asahi Chemical Co., Ltd. (PTTAC) as a three-way AN and MMA joint venture together with PTT Public Company Limited (PTT) of Thailand and Marubeni Corp. of Japan. PTTACs AN plant is the worlds first propane-process plant, which uses propane directly as feedstock, and its MMA plant is an acetone cyanohydrin (ACH) process plant, which uses byproduct hydrogen cyanide from the AN plant as feedstock.Overview of the Grand Opening CeremonyDate:February 11, 2013

Attendance:Approximately 450

Notable attendees:Pol. Maj. Gen. Lattasanya Piansomparn, Advisor to the Minister of Energy, ThailandDr. Pailin Chuchottaworn, President and CEO, PTT Public Company LimitedMr. Kiminori Iwama, Japanese Minister to the Kingdom of ThailandMr. Taketsugu Fujiwara, President, Asahi Kasei Corp.Mr. Yuji Kobayashi, President, Asahi Kasei Chemicals Corp.

Profile of PTT Asahi Chemical Co., Ltd.President:Mr. Soichiro Hashizume

Location:Map Ta Phut Industrial Estate, Rayong Province, Thailand

Production capacity:200,000 tons/year AN (propane process)70,000 tons/year MMA (ACH process)160,000 tons/year ammonium sulfate

Groundbreaking:June 2008

Start-up:October 2012

Beginning of full-scale commercial operation:January 2013

Ownership interest:Asahi Kasei Chemicals 48.5%, PTT 48.5%, Marubeni 3.0%

The Grand Opening Ceremony of the new AN and MMA plants

The AN plant in Thailand

PTT Asahi Chemical starts production at Thailand 1st acrylonitrile plant

February 19/2013

MOSCOW (MRC) -- PTT Asahi Kasei Chemical Co. Ltd., a joint venture of PTT, Asahi Kasei Chemical and Marubeni, has started up the first acrylonitrile production facility in Thailand at the in Map Ta Phut, saidApic-online.

The 200,000-t/y acrylonitrile plant is part of a project that also includes a 70,000-t/y methyl methacrylate (MMA) unit and a 160,000-t/y ammonium sulphate unit.

The acrylonitrile plant is based on Asahi Kasei"s propane process, while the MMA plant is based on an acetone cyanohydrin process, which will use hydrogen cyanide byproduct from the acrylonitrile production as feedstock. PTT will supply acetone feedstock for the acrylonitrile facility from its phenol plant.

As MRCwroteearlier, Thailand"s national petroleum company, PTT Public Company Limited (PTT), proposed to build a giant USD28.7 billion oil refinery and petrochemical complex in central Binh Dinh province, Vietnam.

PTT Asahi Chemical Company Limited (PTTAC), a company of the PTT Group, is a joint venture of PTT Public Company Limited (PTT), Thailand chemicals producer , and Marubeni Corporation (Marubeni) of Japan, one of the world"s leading petrochemicals traders with the shareholding ratio of 48.5%, 48.5% and 3% respectively. PTTAC receives joint support from the shareholders with strengths in technology, feedstock, operations and marketing.

Acrylonitrile Industry Outlook in Thailand to 2016 - Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants

Summary

GlobalDatas report, Acrylonitrile Industry Outlook in Thailand to 2016 - Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants provides an in-depth coverage of Thailand Acrylonitrile industry. The research presents major market trends affecting the Acrylonitrile industry in Thailand. The report covers Thailand Acrylonitrile plants and presents installed capacity by process and technology. In addition, it presents Acrylonitrile demand and production forecasts, end use demand forecasts, price trends, trade balance data and company shares of the major Acrylonitrile producers in Thailand. Overall, the report presents a comprehensive coverage of Thailand Acrylonitrile industry including all the major parameters.

Scope

- Acrylonitrile industry supply scenario in Thailand from 2000 to 2016 consisting of plants capacity growth, installed plant capacity by production process and technology- Information of all active and planned Acrylonitrile plants in Thailand with capacity forecasts to 2016- Detailed information on all operating and planned projects covering details such as process, technology, operator and equity details- Acrylonitrile industry market dynamics in Thailand from 2000 to 2016 consisting of market size, demand and production outlook, demand by end use sector, and average prices- Trade balance data from 2000 to 2016 including import and export data, net exports and imports as percentage of demand in the country- Company snapshots including company overview, business description and information on the current and upcoming Acrylonitrile plants- Company shares of key Acrylonitrile producers in the country

Reasons to buy

- Obtain the most up to date information available on the Acrylonitrile industry in Thailand- Benefit from GlobalDatas advanced insight on the Acrylonitrile industry in Thailand- Identify the macro and micro-economic trends affecting the Acrylonitrile industry in Thailand- Understand the market positioning of Acrylonitrile producers in Thailand- Develop market-entry and market expansion strategies- Benchmark your operations and strategies against the major companies in Thailand

PTT Asahi Chemical to Commence Acrylonitrile Production at Thai Plant13 July 2011PTT Asahi Chemical is planning to begin commercial acrylonitrile production at its new chemical plant in Map Ta Phut, Thailand, by the end of July.The company is a joint venture between Thailand's PTT and Japan's Asahi Kasei Chemicals and Marubeni.According to Platts,the plant can produce 200,000t of acrylonitrile, 70,000t of methyl methacrylate and 150,000t of ammonium sulphate each year.The plant will use propane as feedstock to produce acrylonitrile.The commercial production of methyl methacrylate and ammonium sulphate is expected to start in August.Source: http://www.chemicals-technology.com/news/news124188.html