JGC Corporation announces that it has been awarded the contract for the construction of chemical plants that will be the foundation of a high-performance synthetic resin manufacturing and sales undertaking in Thailand (hereinafter, the project) involving Kuraray Co., Ltd. (hereinafter Kuraray), PTT Global Chemical Public Company (hereinafter, PTTGC) and Sumitomo Corporation (hereinafter, Sunitomo).
The project aims to create a globally competitive high-performance synthetic resin manufacturing and sales business that employs butadiene and isobutylene produced at a petro-chemical complex in the Hemaraj Eastern industrial estate by PTTGC, one of the partner companies undertaking the project. The derivatives of butadiene and isobutylene will be used in the production of a wide range of items including electrical and electronic components, automotive parts, daily necessities and medical equipment.
As well as having constructed a Hydrogenated Styrenic Block Copolymers hydrogenated styrene thermosplastic elastomer- HSBC production plant in the United States for Kuraray in the early 2000’s, JGC is also carrying out the Front End Engineering Design (FEED) for this project. The reason for selection of JGC as the contractor for this project is seen as a result of the client’s overall positive evaluation of this proven performance, the company’s highly-developed engineering skills and project management ability together with its bid estimate and schedule.
In light of the growth in the world demand for chemical products, in recent years Japanese chemical manufacuturers have undertaken plans to build up production capacity in areas where petroleum and chemical products are price competitive. JGC intends to leverage its wide experience in plant construction to obtain orders from Japanese chemical product makers as they undertake the construction of various types of plants overseas.