Asahi-Marubeni-PTT to set up ACN & MMA plants in Thailand

28 Mar '08

3 min read

By using hydrogen cyanide byproduct from the AN plant as feedstock for MMA production with the acetone cyanohydrin (ACH) process, the new MMA plant in Thailand will achieve superior cost competitiveness as AKCC increases market share through expanded sales in the growing markets of Asia.

Outline of the new AN plant
Capacity: 200,000 tons/year
Process: Propane process
Location: Map Ta Phut, Rayong, Thailand
Feedstock supply: Propane from PTT, imported ammonia
Groundbreaking: Summer 2008
Start-up: Late 2010
Sales channel: Sale in Thailand by the JV, elsewhere by AKCC
Annual sales forecast: ˜¥40 billion

Outline of the new MMA plant
Capacity: 70,000 tons/year
Process: ACH process
Location: Map Ta Phut, Rayong, Thailand
Feedstock supply: Acetone from PTT affiliate PTT Phenol Co., Ltd.
Groundbreaking: Summer 2008
Start-up: Late 2010
Sales channel: Sale in Asean by the JV, elsewhere by AKCC
Annual sales forecast: ˜¥18 billion (incl. 160,000 tons/year ammonium sulfate)

Scale of investment
Of a total project expense of some US$750 million, or approximately ¥80 billion, half will be raised through project finance. AKCC will make an investment of some ¥20 billion as part of the Asahi Kasei Group's strategic investment under Growth Action – 2010.

Asahi Kasei Corporation

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