IRPC Public Company Limited, formerly known as Thai Petrochemical Industry Public Company Limited (TPI)　　　　　

概要

経営危機

　Thai court endorses restructuring of TPI petchem firm

　再建計画は迷走　追放の創業者“復権”

　タイＴＰＩ、再建へ前進

　Thai TPI's planners propose new debt-repayment plan to creditors

　石化最大手ＴＰＩ、債務再編計画を発表

　【タイ】国営石油、石化ＴＰＩを接収か

　2005/4 PTT’s Acquisition of 31.5% Ownership Interest in TPI

　ＣＩＴＩＣグループ　タイ石化買収へ前進

CITIC Resources announced to terminate the purchase of 75% equity in TPI

　タイ証取、ＴＰＩ創業者の取締役解任指示

　PTTがＴＰＩの社長派遣へ

　TPI's Prachai loses control of company

　Thailand's IRPC to invest $158 mil on ABS, PP plant next year

　IRPC turns to specialty products: High margins on ABS will help reduce risks

   日本ポリプロ、タイIRPC社へPP製造技術をライセンス

BUSINESS OVERVIEW

The business segments of TPI group of companies are categorized by product and service as follows:

Petroleum Products : TPI Oil Co.,Ltd.
Lubricant Products : TPI Oil Co.,Ltd.、Thai Petrochemical Industry PCL.
Petrochemicals : Thai Petrochemical Industry PCL.、Thai Caprolactam PCL.
Polymers : Thai Petrochemical Industry PCL.、Thai ABS Co.,Ltd.、
　　　　　　　Thai Synthetic Rubbers Co.,Ltd.、TPI Polyol Co.,Ltd.、TPI Sumika ABS Co.,Ltd.

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TPI OIL CO. Ltd.　

TPI Oil Co.,Ltd. was established in December 1993 with the current registered and paid-up capital of Baht 1,000 million with TPI holding 99.99 percent of the shares. The company distributes refined products from TPI Refinery with a fully capacity 215,000 BPD such as Butane, LPG, Cracked Reformate, Unleaded Gasoline, JET/Kerosine, Automotive Diesel Oil, Fuel Oil, and Lubricants which are produced from Lube Base Oil as a raw material from TPI whereby Lubricants of all types are blended at Lube Oil Blending Plant (LOBP) at Phrapradaeng Terminal and marketed under TPI Oil brand, in addition to TPI Oil Lubricant brand, TPI Oil also blend Lubricants as per request by third party customer or repacker.

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THAI PETROCHEMICAL INDUSTRY PUBLIC CO.,LTD.

Thai Petrochemical Industry Plc. (TPI) has emerged as the first operator of fully integrated petrochemical industry not only in Thailand but also in Southeast Asia having potentials to be self-reliant in terms of the raw material supply which is available in adequate volume and obtainable at a reasonable price.

TPI's fully-integrated petrochemical industry could very well encompass all the way from the condensate splitter to obtain various raw materials to feed its petrochemical plants, to lube base oil and lube waste treating plants.

The petrochemical project consists of a 360,000-ton-capacity-naptha cracker and 200,000-ton- capacity-styrene monomer plants.

TPI petrochemical products can be divided into two groups as follows:

I. UPSTREAM AND INTERMEDIATE PETROCHEMICAL PRODUCTS

Intermediate petrochemical products derived from the oil refinery process consist of aromatic products and feedstock for plastic resin production as follows:

1) Toluene
2) Mixed Xylene
3) C9 Aromatics
4) White Spirit 3040
　( Used as a raw material for the manufacturing of paint,light wax, wax, rubber, insecticides, ink, glue and resins, and for machinery cleansing, etc. ）
5) Ethylene
6) Propylene
7) Styrene Monomer

II. DOWNSTREAM PETROCHEMICAL PRODUCTS

By having intermediate petrochemical products, e.g. ethylene, propylene and styrene monomer, which are processed through the polymerization method, many types of plastic resins such as olefins and styrenics are produced to serve various applications, e.g. packaging, industrial packaging, automotive and electrical parts, house ware, toys, fishery and agricultural equipment, furniture, pipes, wire and cable insulation, etc. Moreover, TPI products also include compound and composite resins for products requiring special properties as a means to add value to the plastic resins to meet specific customer's requirements.

HIGH DENSITY POLYETHYLENE (HDPE)
PE WAX
POLYPROPYLENE (PP)
　　PP HOMOPOLYMER
　　PP BLOCK COPOLYMER
　　PP RANDOM COPOLYMER
ACRYLONITRILE BUTADIENE STYRENE (ABS)
ACRYLONITRILE STYRENE (AS or SAN)
POLYSTYRENE (PS)
　　GENERAL PURPOSE POLYSTYRENE (GPPS)
　　HIGH IMPACT POLYSTYRENE (HIPS)
　　EXPANDABLE POLYSTYRENE (EPS)
COLOR COMPOUNDS AND COMPOSITES
POLYOL
　　POLYESTER
　　POLYETHER
　　PREPOLYMER
ACETYLENE BLACK

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THAI CAPROLACTAM PUBLIC CO.,LTD.

Thai Caprolactam Public Co.,Ltd. (TCL) was established and registered on December 13, 1990, as the country's and Southeast Asian region's first producer and distributor of caprolactam. Principal partners of this joint venture investment comprise Thai Petrochemical Industry Public Co.,Ltd. (TPI), TPI Polene Public Co.,Ltd. (TPIPL), UBE Industries Limited and Marubeni Limited.

Plant construction got under way in TPI industrial park, Rayong Province, in 1993, and completed toward the end of 1996.

The company's annual production capacity for caprolactam and ammonium sulfate, a co-product, is 70,000 and 280,000 metric tons respectively. Caprolactam, a basic raw material for quite a number of other industrial products such as nylon 6 used to produce automobile parts, textile items, fishing nets, etc., while ammonium sulfate is used as fertilizer in crops plantation; thus, it helps reduce the country's dependence on imports of fertilizers as well as facilitates its agricultural development.

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THAI ABS CO.,LTD.

Thai ABS Co., Ltd. (TABS) was established in 1991. The company is a producer and distributor of styrenic products such as ABS/SAN (Acrylonitrile Butadiene Styrene/Styrene Acrylonitrile), EPS (Expandable Polystyrene) and PS (Polystyrene).

Among the products manufactured by Thai ABS Co.,Ltd., ABS/SAN engineering plastic resins are vital to the growth of intermediate industries, particularly the automobile industry, electrical appliances and electronic industries and toy industry. The company's annual production capacity of styrenic products now reaches 300,000 tons.

Products :ABS, AS or SAN, EPS, PS

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TPI SUMIKA ABS CO.,LTD.

TPI Sumika ABS Co., Ltd. (TSA) is a joint venture company of Thai ABS Company Limited and Nippon A&L Inc. from Japan. TSA supplies ABS resins under the brand "KRALASTIC TM" following the recipe of Nippon A&L. The company's specified grades are well recognized and approved by many Japanese companies in different applications, e.g. electrical appliance part, automotive parts, OA machines, etc.

THAI SYNTHETIC RUBBERS CO.,LTD.

Thai Synthetic Rubbers Co.,Ltd. (TSL), the first of its kind in South East Asia was established in December 1995. Being a backward integration project to the operations TPI cracker, TSL captures value addition through its operation of 65,000 TPY High cis Polybutadiene Rubber Plant.

TSL, a joint venture project by TPI, Ube Industries, Marubeni Corporation & Taiwan Synthetic Rubbers commenced its commercial operation in January 1998.

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TPI POLYOL CO.,LTD.

TPI Polyol Company Limited, founded in 1992, is the wholly-owned polyurethane business of Thai Petrochemical Industry Public Company Limited. TPI Polyol Co., Ltd. is recognised as the largest manufacturer of polyurethane-based raw materials in Thailand, following the acquisition of Thai Polyurethane Industry Co., Ltd. in 1996.

TPI Polyol has its manufacturing facility at Rayong, Thailand and produces a wide range of different polyurethane raw materials with applications in sectors as diverse as thermal insulation, bedding and furniture, footwear and flexible packaging.

Its business has grown successfully over the past few years, generating a revenue of Baht 597 million in 1997.

It continues to enjoy a strong domestic market position, while exporting its main products to the Asia-Pacific area including countries like Pakistan, India, Malaysia, Singapore, Indonesia, Australia, Taiwan, Vietnam and to the Middle-East.

TPI Polyol is one of few suppliers in Asia offering the whole range of polyurethane raw materials - polyester and polyether polyols, isocyanates, prepolymers and formulated systems for a variety of polyurethane applications.

（November 27, 2001 Business Asia）

TPI-the Thai bellwether for corporate restructuring

The (now infamous) case of Thai Petrochemical Industry (TPI) -- in and out of the courts, and prematurely hailed as proof of the efficacy of the new Bankruptcy Law -- remains the bellwether for corporate restructuring in Thailand. It is the biggest and baddest -- but also potentially the most resolvable -- of them all. A family-owned business managed by an autocrat, TPI carries US$3.7bn in debt, US$1bn in negative equity, 150 creditors from 40 countries, and 6,300 truculent employees to boot.

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（化学工業日報　1997/10/3）

ＴＰＩ、経営危機に　巨額借り入れが圧迫　金融不安で資金調達困難

タイ最大の石油化学会社、タイ・ペトロケミカル・インダストリー（ＴＰＩ）が経営危機に陥っている。石油化学事業への巨額投資や事業多角化のための借入金が経営を圧迫し、運転資金もショートしている模様だ。

Platts 2002/6/11

Thai court endorses restructuring of TPI petchem firm

The court has confirmed that TPI's restructuring plan is lawful and conforms with all requirements of the Bankruptcy Act, it said. The court also confirmed that all procedures and processes related to creditor voting on TPI's restructuring plan and sanctioning of the plan by the Bankruptcy Court are lawful.

Product	Capacity (mt/yr)
Ethylene	360,000
Propylene	180,000
Butadiene	65,000
Polyethylene	405,000
Polypropylene	250,000
Benzene	110,000
Toluene	130,000
Solvent MX	130,000
Isomer MX	120,000
Styrene	200,000
Polystyrene	100,000
ABS	80,000

　

日本経済新聞　2003/4/22

タイ最大の破たん企業　再建計画は迷走　追放の創業者“復権”

タイ中央破産裁判所は２１日、経営再建中の化学大手でタイ最大の破たん企業、タイ・ぺトロケミカル・インダストリー（ＴＰＩ）の再建計画実行人として創業者のプラチャイ・レオパイラタナ氏を任命した。銀行団の支援で厳しいリストラを目指してきた外資系コンサルティング会社は再建の遅れを理由に解任された。

日本経済新聞　2003/7/12

タイＴＰＩ、再建へ前進

タイ中央破産裁判所は１１日、破たんした石油化学大手タイ・ペトロケミカル・インダストリー（ＴＰＩ）の再建を実行する経営陣としてタノン・ピタヤ・タイ国際航空会長（元蔵相）ら５人の財界人を任命した。

Dow Jones Newswires　2003/7/7

Thai TPI Creditors OK Fin Min Team As New Debt Planner

Creditors of Thai Petrochemical Industry PCL Monday approved the appointment of a team nominated by the Ministry of Finance as the new debt plan administrator of the heavily indebted company.


TPI's creditors, who currently own 75% of TPI following a debt-to-equity swap under the existing debt restructuring plan, had been earlier disappointed by the bankruptcy court's decision to involve the finance ministry in the rehabilitation of TPI.
However, their concerns eased after the ministry confirmed that TPI's founder and former chief executive Prachai Leophairatana wouldn't have a role in the company's management.

Platts　2003/9/24

Thai TPI's planners propose new debt-repayment plan to creditors

The new administrative planners of debt-ridden Thai Petrochemical Industries have proposed a new repayment plan to the firm's creditors for approval, a source at Bangkok Bank, TPI's leading domestic creditor, said Wednesday.

中国・ＡＳＥＡＮニュース速報　2004/4/5

【タイ】石化最大手ＴＰＩ、債務再編計画を発表
http://www.e-plastics.gr.jp/japanese/nna_news/news/news0404_2/04040506.htm

　計画によると、累積損失一掃のため資本金を10分の１に減資。その後、債務の株式化で債務を29億4,500万米ドルから18億米ドルに圧縮する。債権者グループの出資比率は75％から90％に拡大する。

　プラチャイ氏は今後も経営権維持のため、法廷闘争など戦いを続ける考えを明らかにしている。

2004年6月17日 中国・ＡＳＥＡＮニュース速報

【タイ】国営石油、石化ＴＰＩを接収か
http://www.e-plastics.gr.jp/japanese/nna_news/news/news0406_3/04061707.htm

　債権者と創業者の対立から債務再編が進展しない石油化学最大手、タイ・ペトロケミカル・インダストリー（ＴＰＩ）の再建計画について、ソムキット財務相は15日、国営石油ＰＴＴが最大で90％のＴＰＩ株を取得、経営権を掌握する計画を明らかにした。

　16日付バンコクポストなどによると、財務省は15日、減資と債務株式化などを中心としたＴＰＩ再建計画を承認した。計画では既存株主に責任を取らせるとともに累積損失一掃のため資本金を10分の１に減資。その後、株式化で債務を29億4,500万米ドルから18億米ドルに圧縮する。

　債権者の持ち株比率は現在の75％から90％に拡大する一方、創業者側の比率は10％に低下する。債権者が取得した株式はＰＴＴに譲渡させ、ＰＴＴが経営に乗り出すという段取りだ。

日本経済新聞　2005/7/5

ＣＩＴＩＣグループ　タイ石化買収へ前進　破産裁、資産査定認める

　タイ破産裁判所は４日、中国の国策投資会社、中国中信集団(ＣＩＴＩＣグループ)の企業が求めていたタイ石油化学大手タイ・ぺトロケミカル・インダストリー(ＴＰＩ)の資産査定実施を認可した。ＣＩＴＩＣグループによるＴＰＩ買収計画が一歩前進、半面、タイ政府が主導してきたＴＰＩ再建策の行方は混沌としてきた。

　経営から排除される創業者プラチャイ・レオパイラタナ氏が激しく抵抗し、ＣＩＴＩＣ資源ホールディングスに資本参加を要請。石化事業拡大に意欲的な同社も９億ドル(約１千億円)を出資する用意があると表明し、ＴＰＩの資産査定実施を求めていた。

*ＣＩＴＩＣ：寧波三菱化学有限公司（ＰＴＡ）の中国側パートナー

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China Chemical Reporter 2005/8/1

CITIC Resources announced on July 5 to terminate the purchase of 75% equity in Thai Petrochemical Industry Co., Ltd. (TPI).

On June 24 Citic Resources said that its wholly-owned subsidiary CITIC Petrochemical Investment Co., Ltd. had signed an MOU on the possible establishment of a Thai joint venture company and the purchase of the equity in Thai Petrochemical Industry Co., Ltd. Discussions on the transaction were under way and no substantial clauses or agreements had yet been reached.

At the beginning of June, CITIC Resources started planning the establishment of the joint venture company with other 6 major shareholders of TPI and the purchase of at most 75% issued equity in TPI. China Development Bank would provide a bank loan of US$600 million for this purchase. The balance would be raised through internal resources of the company.

CITIC Resources also planned to make another investment of US$1.0 billion after the completion of the transaction and expand the capacity of TPI to 20 million t/a.

日本経済新聞　2005/8/23

ＴＰＩの取締役解任を指示

　タイ証券取引所(SET)は経営再建中の石油化学最大手タイ・ペトロケミカル・インダストリー(TPI)の管財人に対し、政府主導の再建案に抵抗を続ける同社創業者のプラチャイ・レオパイラタナ取締役を解任するよう指示した。証券取引委員会(SEC)はすでに同氏を告発済みで、政府による包囲網が徐々に狭まってきた。

Bangkok Post 2005/12/10

DEBT RESTRUCTURING THAI PETROCHEMICAL INDUSTRY　　PTTがＴＰＩの社長派遣へ
PTT plans to send Piti to run TPI after path cleared

PTT Plc will appoint Piti Yimprasert, the president of Thai Oil Plc, to take the helm of Thai Petrochemical Industry Plc (TPI) following the Central Bankruptcy Court's dismissal of TPI founder Prachai Leophairatana's petition to suspend the company's recapitalisation process.
The court yesterday dismissed Mr Prachai's petition, which sought to suspend the plan of TPI's plan administrators to sell TPI's recapitalisation shares to PTT and a number of state-owned entities. He also sought to increase the offering price for the shares to 6.70 baht each as opposed to the proposed 3.30 baht.

But Mr Prachai said he would appeal the case with the Supreme Court.


Mr Prasert said PTT would not merge TPI with PTT chemical Plc since TPI was a fully-integrated petrochemical plant in its own right.

PTT Chemical is a new entity formed from the merger of two of PTT's subsidiaries _ Thai Olefins Plc and National Petrochemical Plc _ which is scheduled to list on the Stock Exchange of Thailand on Tuesday.

In addition, the oil-and-gas giant said after the recapitalisation, PTT would hold only 31.5% in the company.

May 03, 2006　

TPI's Prachai loses control of company
But he vows to battle on through the courts

Prachai Leophairatana, the founder of Thai Petrochemical Industry Plc, lost control of the industrial giant yesterday after the Commerce Ministry endorsed a new board appointed by major shareholders, including PTT Plc.

Mr Prachai, his wife and two brothers were promptly dismissed from TPI by the new board, even as the embattled founder vowed to continue his legal fight for control.

The Central Bankruptcy Court formally approved TPI's exit from business rehabilitation last Wednesday after six years of court-supervised restructuring.

But the exit opened a legal loophole, with both Mr Prachai as well as the former TPI debt planners and new strategic shareholders claiming the right to appoint a new board.

Orajit Singkalavanich, the director-general of the Business Development Department, said the department on Friday approved the registration of the board appointed by the major shareholders.

PTT is the largest shareholder, with a 31.5% stake, followed by the Government Savings Bank and the Vayupak Fund at 10% each and the Government Pension Fund with 8.6%. State-controlled entities hold over 50% of TPI overall.

2008/8/18 Platts

Thailand's IRPC to invest $158 mil on ABS, PP plant next year

IRPC, Thailand's largest fully integrated petrochemical complex, will invest a total of $158 million next year on two projects, the company's chief planning administration officer Suphon Tubtimcharoon said Monday.

IRPC, formerly known as Thai Petrochemical Industry Public Company Limited (TPI)

The company will spend $70 million on building a sixth acrylonitrile butadiene styrene plastic manufacturing plant at its Rayong complex in eastern Thailand, and $88 million on a polypropylene plant, he said.

The ABS plant will have a production capacity of 80,000 mt/year, he said.

IRPC is currently building a fifth ABS plant, which will be completed early next year, with capacity of 20,000 mt/year, which will take the company's total capacity to 140,000 mt/year.　→100,000（1〜4）+20,000(5)＋100,000mt(6)

Suphon said the polypropylene plant will have capacity of 100,000 mt/year and is expected to be completed by 2011-12.
propylene with annual output of 120,000 tons.

IRPC is 35% owned by Thai state-owned company PTT.

2008/1/2
1 PTT Public Company Limited 31.50%
2 Government Savings Bank 10.00%
3 Government Pension Fund 8.60%
4 Vayupak Fund I by MFC Asset Management 5.00%
5 Vayupak Fund I by Krung Thai Asset Management 5.00%
6 Bangkok Bank Public Company Limited 2.59%
7 Thai NVDR 1.27%
8 DEUTSCHE BANK AG, LONDON 1.25%
9 Thai Tavee Tun Fund 1.25%
10 HSBC (SINGAPORE) NOMINEES PTE LTD 1.08%

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2008/8/19

Thailand's IRPC plans ABS and propylene capacity addition at US$158 mln out.

As part of its strategy to focus more on high-value products, Thai petrochemicals conglomerate IRPC Plc plans to invest a total of US$158 mln in ABS and propylene capacity expansion.
The board had approved an outlay of US$70 mln for a sixth acrylonitrile butadiene styrene (ABS) line that will augment capacity to 220,000 tpa from 120,000 tpa. Construction will start early next year and operations will begin in 2012. Upon commencement of production, IRPC will capture a major chunk of the domestic market that is pegged at 250,000 tpa.

US$88 million will be invested in propylene with annual output of 120,000 tons. Construction will start next year and finish by the end of 2011.

IRPC, Thailand's largest petrochemical maker by sales, is undertaking investments totalling US$1.4 bln in production facility improvements to be finished by the end of next year. The scheme includes a US$200 mln gas-fired power plant, US$980 mln oil refinery and upstream chemical development, （US$620 mln for upgrading oil and chemical feedstock production efficiency, and US$360 mln to meet Euro 4 standards）. The balance US$120 mln has been set aside for the fifth ABS unit with annual output of 20,000 tons and 40,000 tons of high-density polyethylene (HDPE).

HDPE Compound 　12.60 　from 17 KTA to 57 KTA
ABS Expansion　　 17.10 　from 96 KTA to 117 KTA
Power Plant　　　　200.00 　
Safety Improvement　39.00
Total　　　　　　　　268.70

Phase II　2009-11
New Reg_EURO IV　360.00
Petroleum Improvement　620.00
Propylene Booster　50.00 　　　Increase capacity by 100 KTA
Port Dredging　　　46.00
Total　　　　　　　　1,076.00
Grand Total　　　　 1,344.70

Feb 04, 2010 Bangkok Post

IRPC turns to specialty products: High margins on ABS will help reduce risks

石油化学大手タイ・ペトロケミカル・インダストリー(TPI)は2008/11/6日付で社名を｢IRPC｣に変更する

- McClatchy-Tribune Information Services via COMTEX) -- Copyright (C) 2010, Bangkok Post, Thailand

IRPC Plc, Southeast Asia's biggest integrated petrochemical complex, plans to shift its focus from commodities to specialty plastic to benefit from higher profit margins, said chief executive Pailin Chuchottaworn.

The move is part of IRPC's aim to become the leading petrochemical company in Asia by 2014, said IRPC, an affiliate of PTT Plc.

IRPC is the country's first integrated producer, making upstream to finished products.

Its oil refinery, for instance, can churn out both petroleum and petrochemical products, with both lines swappable to achieve the highest margin at any given time.

"After we gave up the petrol service station business two years ago, we also tweaked the whole production line to make just petrochemical products," said Dr Pailin.

"Not only that, we moved up to improve our margin by focusing on niche markets by inventing the new high-value specialty or engineering plastic to serve specific demand.

"The commodities are something everyone can do and prices are also volatile in line with crude prices and the economy. The margins of specialty products will be higher and more stable due to less competition."

The company has innovated and produced five types of styrenic plastic resin and polymer additives and another five will be launched within this year.

The company's research and development department and its affiliate, Thai ABS Co, have produced green acrylonitrile butadiene styrene (ABS) plastic resins by using 4 percent para rubber as a raw material instead of synthetic rubber. It claims to be the country's sole manufacturer of the product.

パラゴム ＝天然ゴム
パラゴムの木から採取される生ゴムの一種。アマゾン川河口のパラ（Para）港（現名、ベレン）から輸出されたことからいう。
パラゴムノキの幹から採取されるラテックスを凝固させたものは著しい弾性を持ち、後世ヨーロッパで産業用の新素材として近代工業に欠かせない素材として受容され、発展することとなった。そのため、パラゴムノキ以外の植物からの同様の性質のゴムが探索され、また同様の性質を持つ高分子化合物の化学合成も模索されることとなった。

Green ABS, a specialty plastic, is expected to be commercially produced in 2013.

With a current manufacturing capacity of 120,000 tonnes of ABS per year, the company will increase the production capacities of both ABS and green ABS by 60,000 tonnes by 2012.

ABS, an engineering plastic, is used to make electronic goods, household products and computers, but is mostly used for automotive parts.

Currently, Thailand is a large user of ABS, with around 40,000 tonnes imported each year from countries such as Taiwan.

The market will grow with the coming of eco-cars, said Dr Pailin.

ABS is currently US$1,400 to $1,500 per tonne, but the profit margin of ABS powder, one of the five product releases, is 300 percent more than for normal ABS.

IRPC's production capacity of plastic resins is 800,000 tonnes, of which 120,000 tonnes are engineering plastic or ABS. The rest are commodities, such as polystyrene.

"The increase of 60,000 tonnes of ABS in the production capacity is not even up to 10 percent [of 800,000 tonnes], but we benefit from the increased margin. This [the specialty products] will make us less dependent on commodities," said Dr Pailin.

After the five products are launched by the end of the year, styrenic will be one of the main income sources. This will be a gradual process, not an overnight gain, he added.

Dr Pailin expects the petrochemical industry this year to be on the rise.

"I think this year the thing that will drive the petrochemical business is China, which will be a driving force towards the end of this year from the Expo in May and the Asian Games," he said.

IRPC shares closed yesterday on the Stock Exchange of Thailand at 4.44 baht, up eight satang, in trade worth 306.8 million baht.

ＴＰＩは日本Ａ＆Ｌのライセンシー。
乳化重合法で、第一工程でブタジエンを乳化重合して、 ブタジエンラテックスを作るが、天然ゴムラテックスを この工程に仕込む。

2012年03月08日　Chemnet

日本ポリプロ、タイIRPC社へPP製造技術をライセンス

日本ポリプロは8日、タイの総合石油化学会社 IRPC Public Company（旧TPI） との間で、ポリプロピレン製造技術（ホライゾンプロセス）及びインラインコンパウンド製造技術をライセンスすることで合意したと発表した。対価などの条件は非公開。

両技術を組み合わせ、パッケージにしてライセンスすることで、世界的にも競争力のあるポリプロ・コンパウンド製品を製造することが可能となる。

IRPCはラヨーン県に東南アジア最大の石油化学コンプレックスを保有しており、今後さらに既存事業の強化と新たな収益基盤確立を図る計画を進めている。ポリプロピレンは現在、年産47万5000トン設備を持っているが、日本ポリプロから導入する技術は同コンプレックス内に新設する年産10万トンプラントに採用する。完成は2015年春の予定。

日本ポリプロは今後、IRPCとの協力関係をさらに深め、新設プラントで製造される製品を引き取って、東南アジア自動車向け市場を中心に積極展開していく方針である。