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PTT to establish new subsidiary for PMMA project

3:50 AM MDT | June 3, 2013 | Deepti Ramesh

PTT (Bangkok) says that its board of directors today approved the establishment of PTT PMMA in order to build a previously announced polymethyl methacrylate (PMMA) plant at Map Ta Phut. PTT PMMA will be wholly owned by PTT and will build a 40,000-m.t./year PMMA plant. Asahi Kasei announced last April that its Asahi Kasei Chemicals (AKC) subsidiary will license its PMMA manufacturing technology to PTT for the project. The methyl methacrylate feedstock for the PMMA project will be supplied by PTT Asahi Chemical (Map Ta Phut). PTT Asahi Chemical, which was...

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