Grand Opening Ceremony for AN and MMA plants in Thailand

February 13, 2013
Asahi 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 world’s 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. PTTAC’s AN plant is the world’s 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 Ceremony

Date:   February 11, 2013
Attendance:   Approximately 450
Notable attendees:   Pol. Maj. Gen. Lattasanya Piansomparn, Advisor to the Minister of Energy, Thailand
Dr. Pailin Chuchottaworn, President and CEO, PTT Public Company Limited
Mr. Kiminori Iwama, Japanese Minister to the Kingdom of Thailand
Mr. 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 Grand Opening Ceremony of the new AN and MMA plants

The new propane-process AN plant in Thailand
The new propane-process AN plant in Thailand


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