Braskem the largest biopolymer producer in the world has signed a memorandum of understanding (MOU) with the SCG Chemicals, one of the largest integrated petrochemical companies in Thailand and an industry leader in Asia, to perform studies to jointly invest in a new bio-ethanol dehydration plant in Thailand to produce bio-ethylene and I’m greenTM bio-based Polyethylene. If implemented, this cooperation could double the existing capacity of I’m greenTM bio-based PE.
Total Corbion PLA’s plant in Rayong Thailand has, since its grand opening in 2019, earlier this summer reached a cumulative production volume of 100kT of Luminy® PLA. The plant is now running at name plate capacity of 75kT annually in order to meet the evergrowing demand for PLA bioplastics.
Thailandese bio-based chemical company Advanced Biochemical Co., Ltd. announced a capacity increase at its plant in Map Ta Phut, Thailand, which will now produce 120,000 mt/year of bio-based epichlorohydrin (ECH) – an increase of 20,000 mt/year. Permission for this increase was granted by the Industrial Estate Authority of Thailand.
Total Corbion PLA, a 50/50 joint venture between French oil giant Total and Dutch biochemical company Corbion, yesterday announced the start-up of its 75,000 tons per year PLA (Poly Lactic Acid) bioplastics plant in Rayong, Thailand. The plant has successfully produced Luminy® PLA resins, a bioplastic that provides a valuable contribution towards the circular economy being biobased and biodegradable and offering multiple environmentally-friendly waste solutions.
Dutch biochemical company Corbion is building its new PLA bioplastics polymerization plant at the existing Corbion site in Rayong, Thailand. Upon completion in 2018, it will be able to produce the complete Luminy® portfolio of PLA neat resins: from standard PLA to innovative, high heat resistant PLA.
Asia is the new center of gravity of the world bioeconomy. Thailand’s largest energy company, PTT Pcl, plans to invest about 40 billion baht (approximately 1 bln euro) to develop biochemical products over the next five years.
The move will help Thailand become a centre for the bioplastic industry in the Asia Pacific region, Chansin Treenuchagron, senior executive vice president for PTT’s petrochemical unit, said, adding that biochemicals are expected to contribute about 2 percent of PTT’s revenue by 2020.