IRPC Thailand to invest 158 ​​million U.S. dollars to build ABS and PP devices next year

According to reports, Suphon Tubtimcharoon, the chief planning officer of IRPC, the largest integrated petrochemical company in Thailand, said on Monday that the company will invest a total of 158 million U.S. dollars in the construction of two projects next year. Of these, US$70 million was used to build the sixth ABS unit in its Rayong plant in eastern Thailand, and US$88 million was used to build a PP unit. The production capacity of this ABS unit will be 80,000 tons/year.

IRPC is currently constructing the fifth ABS unit with a capacity of 20,000 tons/year and is expected to be completed early next year, which will enable the company's total ABS capacity to reach 140,000 tons/year. The capacity of the newly-built PP plant will be 100,000 tons/year and it is expected to be completed in 2011-2012. IRPC holds 35% of shares in Thai state-owned company PTT.