SCG adds olefins capacity

SCG Chemicals Business, a petrochemical arm of SET-listed Siam Cement Group, expects its Map Ta Phut Olefins Co (MOC) to reach full olefin production capacity of 2.05 million tonnes a year, up from 1.7 million tonnes, thanks to a debottlenecking project.

The project should lead to lower costs and promote energy savings using environmentally friendly processes.

The project is a collaboration between SCG Chemicals Business and chemical maker Dow Thailand in a move to improve the potential and provide a competitive advantage on a global scale, said Tanawong Areeratchakul, president of SCG Chemicals Business.

“This project will see MOC produce an additional 350,000 tonnes of olefins a year, increasing flexibility in feedstock selection,” he said.

SCG Chemicals Business expects the global petrochemical industry to continue to grow,…