Siam Cement Group ー Cementhai Chemicals
Cementhai Chemicals Co., Ltd., is
the holding company for the Petrochemicals Business, encompassing
all major chemical products ranging from upstream to downstream
phases, such as olefins and polyolefins, with the potential to
become a market leader in the ASEAN region.
In 1989 the Siam Cement Group embarked upon a downstream
Petrochemicals Business with the establishment of Thai Polyethylene Co., Ltd., at Map Ta Phut Industrial Estate,
Rayong Province, producing high-density polyethylene resins.
Continuing expansion has followed together with diversification
in petrochemicals production.
Siam Chemical Trading Co., Ltd., acts as the marketing arm for
polyolefin resins, enhancing the potential for increased
production, with business expansion covering China, the
Philippines, Indonesia, Malaysia, Vietnam, Myanmar, Japan, U.S.A.
and other continents.
The company has entered into joint ventures with the world’s leading petrochemicals firms, including
the US-based Dow
Chemical Company, to produce linear low density polyethylene
(LLDPE), polystyrene, styrene monomer, synthetic latex and polyol. Other joint ventures are with Mitsui Chemicals, Inc of
Japan, to produce PTA and PP Compound, and also with Mitsubishi Rayon Co.,
Ltd., of Japan to produce MMA.
CCC Chemical Commerce Co., Ltd.
Trading and marketing of Polyethylene’s and Polypropylene’s products
Thai Polyethylene Co., Ltd.
High Density Polyethylene (HDPE)
Medium Density Polyethylene (MDPE)
Linear Low Density Polyethylene (LLDPE)Thai Polyethylene (1993) Co., Ltd.
Low Density Polyethylene (LDPE)Thai Polypropylene Co., Ltd.
Thai Polypropylene (1994) Co., Ltd.
Polypropylene (PP)
CCC Polyolefins Co., Ltd.
Rayong Olefins Co., Ltd.
Olefins
出資先
Thai Plastic & Chemicals （ＴＰＣ）
Joint Ventures with The Dow Chemical Company (USA)
Siam Polyethylene Co., Ltd.
Linear Low Density Polyethylene (LLDPE)Siam Polystyrene Co., Ltd.
Polystyrene (PS)
Siam Styrene Monomer Co., Ltd.
Styrene Monomer (SM)
Siam Synthetic Latex Co., Ltd.
SB latex
Pacific Plastics (Thailand) Ltd.
Polyol
Joint Ventures with Mitsui Chemicals, Inc. (Japan)
Siam Mitsui PTA Co., Ltd.
Purified Terephthalic Acid (PTA)
Grand Siam Composites Co., Ltd.
Polypropylene Compound
Other Joint Ventures
Thai MFC Co., Ltd.
Melamine Formaldehyde Compound
Thai MMA Co., Ltd.
Methyl Methacrylate
PT. Siam Maspion Polymers インドネシア
Polyvinyl Chloride (PVC)
PT. Siam Maspion Terminal インドネシア
Jetty
PT. Srithai Maspion Indonesia インドネシア
Melamine wares
タイのＲＯＣ、エチレン装置の増強を完了
デボトルで年産８０万トン能力に拡大
タイの最後発エチレンセンターであるＲＯＣ（ラヨン・オレフィンズ）は、このほどマプタプート地区で既存のエチレンプラントの定修と手直し増強工事を完了し、稼動を再開した。稼動状況は順調という。
これによって、ＲＯＣのエチレン生産能力は従来の年産６０万トンから同８０万トンに拡大した。この結果、タイのエチレン生産能力はＮＰＣ（ナショナル・ペトロケミカル）の同４０万トン、ＴＯＣ（タイ・オレフィンズ）の同３８万トン、ＴＰＩの同３５万トンを合わせて同１９３万トンとなった。
また同地域では、これに並行して、大手誘導品メーカーのＴＰＥ（タイ・ポリエチレン）がＨＤＰＥの同２０万トン設備の増設工事を進めてきており、近く完成の見込み。ＴＰＥのＨＤＰＥの総供給能力は今回の増設で３系列合計で同５０万５，０００トンとなる。９月末には商業運転に入ることになりそうで、これに伴い必要となるエチレンは主としてＲＯＣが供給していくことになる模様。
タイの直近のエチレン需給バランスは、ＲＯＣが今回の増強に合わせて６月１３日から６５日間にわたって既存プラントの定修・運休を実施してきたためタイトな状態にあった。今回の増強後も、ＴＰＥの稼動がこのまま順調にいけば引き続きタイトバランスで推移すると見られる。
Bangkok Post 2005/10/27
SCC targets petrochemical sector
Investments worth US$1.5bn planned
http://www.bangkokpost.com/Business/27Oct2005_biz31.php
Siam Cement Plc, the
country's largest industrial conglomerate, said yesterday that it
was investing up to US$1.5 billion to build up its assets in the
petrochemical sector. The company announced a $1.1-billion
investment in a joint venture with US-based Dow Chemical to build a new naphtha cracker in
Rayong. The plant is expected to have a production capacity of
1.7 million tonnes of olefins, consisting of 900,000 tonnes of
ethylene and 800,000 tonnes of propylene.
The new investments come as SCC yesterday reported a 30% decline
in net profits in the third quarter from last year due to the
slowing economy and higher fuel costs.
The construction by the new joint venture, 67% held by SCC, is expected to begin in early
2006. SCC executives said the new investment would help reduce
its feedstock costs and stabilise supplies.
``We are hopeful that the bidding process will begin next year.
The plant is scheduled to be operational in 2010,'' said Kan
Trakulhoon, the president-elect of SCC.
He added that another $400 million would be invested in the
development of a downstream facility utilising olefins output
with a production capacity of about 700,000 tons per
year. This
too would likely start operations in 2010.
Siam Cement, with nearly 100 subsidiaries and with more than 40
billion baht in free cash flow annually, will finance the
investment through internal cash flows.
``The fact that we are investing shows that we believe in our
capability to be able to compete on a global scale in the
petrochemical business and in the future there maybe investments
in other businesses as well,'' said outgoing SCC president
Chumpol NaLamlieng.
Siam Cement currently has a naphtha cracker with capacity of 1.2
million tonnes per year as well as downstream joint-venture
projects with Dow Chemical, Mitsui Chemicals and Mitsubishi Rayon
of Japan. The group also has minority stakes in downstream
petrochemical projects in Indonesia and Iran.
SCC executives also said that the company's board had approved an
investment of 1.09 billion baht in a co-generation plant
producing water vapour and electricity for its 99%-owned unit
Siam Kraft Industry. The plant will have a generating capacity of
25 megawatts and a steam capacity of 130 tonnes per hour, for use
in the production of kraft liner, a material used in packaging.
Analysts said that SCC's plan to invest was a good move and
although the market expected it, the sheer size was positive for
future growth.
``I view the big story to be the $1.5-billion investment. It's
good for the firm in the long run and with a strong partner such
as Dow, it is even better. What I am concerned about is whether
the chemical cycle will be in a downtrend or uptrend when the
plant is completed in 2010,'' said Jiraporn Bumrungchatudom,
sector analyst at Phatra Securities.
Mr Kan said that despite the added investments, SCC was on track
to pay a dividend for the year matching 2004's 15-baht per share
payment. The company paid an interim dividend of 7.50 baht for
its first-half performance in August.
SCC yesterday announced a third quarter profit of 8.42 billion
baht, down 30% from the year before due to rising fuel costs and
the slowing economy.
Third-quarter profits were down 3.5% from the second quarter,
with petrochemical margins lower on the back of higher feedstock
prices. Sales revenue rose 8% from the same period last year to
56.59 billion baht.
For the nine months ending on Sept 30, SCC reported a net profit
of 27.13 billion baht against 27.09 billion baht in the same
period in 2004. Sales increased by 19% to 168.23 billion baht.
``The results are not so bad as the market had expected much
lower earnings. The slowdown in the economy and the higher fuel
and feedstock prices have had an impact on the company,'' said
Sukit Udomsirikul, an analyst at Capital Nomura Securities Plc.
The market had expected SCC to report net profits of around 7 to
7.5 billion baht.
Shares of SCC closed yesterday on the Stock Exchange of Thailand
at 220 baht, up four baht, in trade worth 258.16 million baht.
Over the past 52 weeks the shares have traded in a range between
214 and 272 baht.
Platts 2005/11/28
Thai Siam Cement, Dow Chem to bring naphtha cracker on line 2010
Thailand's Siam Cement Group (SCC) and Dow Chemical have inked a
Letter of Intent for a naphtha cracker in Map Ta Phut, Thailand,
slated to begin commercial operation in 2010, SCC said in a
statement. The cracker would use olefins conversion technology,
which is able to generate about 75% more propylene than
conventional naphtha crackers. The plant would have the capacity
to produce 900,000 mt/yr of ethylene and 800,000 mt/yr of
propylene.
SCC would hold a 67% stake in the $1.1-bil cracker, and invest a
further $400-mil in polyethylene and polypropylene plants which
would draw monomer feeds from the cracker. The derivative plants
would comprise a 300,000 mt/yr HDPE plant and a 400,000 mt/yr PP
plant. They are also scheduled for completion in 2010, and would
specialize in non-commodity grades, SCC said.
Apart from naphtha, the cracker would also have the flexibility
to use condensate and LPG as raw materials. Its feedstocks are to
be sourced locally and imported.
The cracker would be SCC's second in Thailand. SCC has a stake in
Rayong Olefins, which has the capacity to produce 800,000 mt/yr
of ethylene in Map Ta Phut. SCC and Dow have five other
petrochemical alliances in Thailand -- Siam Polyethylene, Siam
Polystyrene, Siam Styrene Monomer, Siam Synthetic Latex and
Pacific Plastics. These aside, SCC also has other petrochemical
subsidiaries which produce polyolefins, PET, PVC, polystyrene and
methyl methacrylate.
Dow Advances Strategy in
Asia Pacific
Asset Light Investment to Spur Performance Business Growth
The Dow Chemical Company (Dow) announced today that it plans to move ahead with a joint venture liquids cracker in Thailand; an asset light project in a key emerging geography that will provide propylene and other building blocks to help drive the growth of the Company's Performance businesses across Asia Pacific. The new facility will be developed jointly with The Siam Cement Public Company Limited (SCC).
A number of down-stream facilities will be developed by Dow in conjunction with the new development. Among those under consideration are a hydrogen peroxide to propylene oxide (HPPO) plant - technology developed by the Company in collaboration with BASF - and a range of PO derivatives. PO is used to produce propylene glycol, polyurethanes and glycol ethers. The new cracker will also allow for the expansion of the existing higher alpha olefins polyethylene joint venture facility, which would produce specialty polyolefin products using Dow's state-of-the-art process and catalyst technology.
Importantly, the proximity of the new facility to the existing Dow-SCC complex at Map Ta Phut in Rayong province will enable existing assets, capabilities and infrastructure to be leveraged, creating a source of advantaged raw materials for downstream derivatives businesses.
"This project supports Dow's strategic agenda on several fronts," said Dow chairman and chief executive officer, Andrew Liveris. "It strengthens the Company's presence in Asia Pacific; it provides a competitive platform on which to develop a range of higher margin Performance business opportunities; and it is another example of our asset-light investment approach, through which we will grow the Basics businesses in joint ventures with strategic partners like SCC."
The cracker, which is expected to commence operations in 2010, builds on Dow's long-standing successful business relationship with SCC and is the latest in a series of joint venture projects between one of the world's largest chemical companies and Thailand's leading manufacturing company. The two companies signed their first joint venture agreement in 1987, and have since formed a total of five joint venture companies, producing polyols, synthetic latex, polystyrene, styrene monomer and polyethylene at the Map Ta Phut site. The SCC-Dow Group of companies has also invested in the ethylene cracker operated by Siam Cement at the site.
*Joint Ventures with The
Dow Chemical Company (USA)
Siam
Polyethylene Co., Ltd.
Linear Low Density Polyethylene
(LLDPE)
Siam
Polystyrene Co., Ltd.
Polystyrene (PS)
Siam
Styrene Monomer Co., Ltd.
Styrene Monomer (SM)
Siam
Synthetic Latex Co., Ltd.
SB latex
Pacific
Plastics (Thailand) Ltd.
Polyol
The joint ventures planned for Asia are typical of Dow's "asset-light" approach, which works by offering a combination of intellectual property and money in exchange for a share in a world-scale production facility. http://news.dow.com/speeches/20060511_Liveris.pdf Here’s how we are implementing our strategy …. on the Basics side, we are pursuing what we call our “asset light” approach … investing in conventional joint ventures …like those in Kuwait and Oman, for example … or, less conventional ones, like MEGlobal and Equipolymers, where we sold our assets into joint ventures. We
benefit from our asset light approach in four important
ways. |
タイ TPP社向けポリプロピレン製造技術ライセンス契約締結について
当社(社長：藤吉 建二)は、タイ・サイアムセメントグループのSCG
Chemicals Co., Ltd.(ＳＣＧケミカル社：旧CCC社、以下「SCGCｈ」社。社長：Mr.
Cholanat Yanaranop) 傘下のThai Polypropylene Co., Ltd.(タイポリプロピレン社：以下「TPP社」。社長：Mr.
Sommai Sirilertsombat)と、同社のポリプロピレン製造No.3プラント向け技術ライセンス契約を2007年1月31日に締結致しました。本プラントは、SCGCｈ社が計画を進めているNo.2クラッカープロジェクトの主力誘導品プラントのひとつです。
＜技術ライセンスの概要＞
1. ライセンス対象技術
当社保有のポリプロピレン(＊)製造技術
「ハイポールⅡ法」
＊：自動車部品、包装材料等の素材として利用される樹脂
(以下「PP」)
2. 対象プラント TPP社PP製造No.3プラント (生産能力
： 年産40万トン)
3. プラント建設地 タイ国 ラヨン県
4. プラント完工 2010年中(予定)
当社はTPP社に対してNo.1プラント、No.2プラントのライセンスを既に実施しております。No.3プラントは、当社大阪工場で稼動中の最新鋭プロセス(年産30万トン)をベースとした世界最大級の年産40万トンプラントであり、これにより同社の総PP生産能力は年産72万トンとなります。
今回のTPP社による当社技術の採用は、自動車部品等高度な物性要求にも対応できる高い技術力が評価されたことによるものです。SCGCｈ社は、年産40万トンの高密度ポリエチレンプラントの建設も計画しており、これにも当社スラリー法ポリエチレン製造技術の採用が決定しています〔SCGCｈ社傘下のThai
Polyethylene Co., Ltd.（タイポリエチレン社）が実施〕。
当社は、今般作成したグランドデザイン（三井化学グループの経営の基本骨格）の中で、「化学」「革新」「夢」の三井化学、すなわち絶えず革新を追及し、化学のちからで夢をかたちにする企業グループを目指しております。今後も積極的にライセンス供与を行うことで、この実現を図っていきたいと考えております。
＜SCG Chemicals Co., Ltd.の会社概要＞
1. 事業内容：
サイアムセメントグループの化学企業を統括する持ち株会社
2. 本社所在地： タイ バンコク市
3. 資本金： 約71億バーツ (約213億円)
4.
傘下の化学企業の主要石化プラントの現有生産能力
(年産)
エチレン 80万トン プロピレン 40万トン
HDPE(当社技術) 56万トン HDPE/LLDPE 42万トン
PP(当社技術) 32万トン LDPE 10万トン
5. 傘下の化学企業の新設計画 (年産) (2010年完工予定)
エチレン 90万トン プロピレン 80万トン
HDPE(当社技術) 40万トン LLDPE 30万トン
PP(当社技術) 40万トン
2008/6/11 http://www.chemie.de/news/e/83172/
SCG-Dow Group Breaks Ground on Propylene Oxide Plant in Thailand
The Dow Chemical Company (Dow) announced that the SCG-Dow Group, a joint venture between Dow and The Siam Cement Group (SCG), has broken ground on a propylene oxide (PO) facility in Thailand. The world-scale plant, located within the Asia Industrial Estates (AIE) site near Map Ta Phut, will have a name plate capacity of 390 kilotons per annum (KTA) of PO via the innovative hydrogen peroxide to propylene oxide (HPPO) technology jointly developed by Dow and BASF. The PO plant, which will also include propylene glycol (PG) manufacturing, is expected to come online in 2011.
In July 2007, Dow and
Solvay S.A. (Solvay) announced the formation of a joint venture
to build a new hydrogen peroxide (HP) plant, which will serve as
a raw material source for the new PO plant. Located within the
AIE site, the new HP plant will be the largest in the world with
a name plate capacity of more than 330 kilotons per annum (KTA)
of HP at 100 percent concentration, according to the company. The
HP will be produced using Solvay's proprietary, high-yield HP
technology and supply both the PO plant and Solvay's regional
subsidiary, Peroxythai
Ltd., which will use the additional
product to meet growing customer demand. Operations for the HP
plant are scheduled to begin prior to the start up of the PO
plant.
"With an
economy that continues to grow at double digit rates, Asia
Pacific is an attractive location for Dow," said Pat Dawson,
president of Dow Polyurethanes. "These plants represent a
significant strategic investment by Dow in Thailand for the
long-term. Moreover, they will support the continued growth of
Dow's performance businesses, such as Polyurethanes, by ensuring
that customers who rely on us for materials will be better
equipped to compete in their local markets. Together, with BASF,
Solvay and SCG, we continue to create sustainable solutions for
the production of PO that deliver greater energy efficiency, a
reduced physical footprint, and improved environmental
performance while also providing attractive economics."
Feedstock for the
PO plant will come from the SCG-Dow joint-venture liquids cracker
at Map Ta Phut, scheduled for completion in 2010. Several
facilities within the AIE site, including the new PO plant, are
also expected to be operated through joint venture agreements
between Dow and SCG.
Established in 1989, PeroxyThai is a leading producer and supplier of peroxygen chemicals with manufacturing facilities at Rayong and a head office in Bangkok. The company produces hydrogen peroxide for use mainly in the pulp and paper industry with export sales of 40 percent and in-country sales of 60 percent, producing more than 20,000 tons/year.
PeroxyThai is a division of Solvay Group, a global chemical and pharmaceutical company with headquarters in Brussels. It employs some 30,000 people in 50 countries. In 2005 its consolidated sales were EUR 8.6 billion generated by its three activity sectors: chemicals, plastics and pharmaceuticals.