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Released July 05, 2024 | METRO MANILA
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Researched by Industrial Info Resources (Sugar Land, Texas)--Thailand's Board of Investment (BOI) has approved US$1.54 billion (56.95 billion baht) worth of projects, including Southeast Asia's first bio-ethylene plant, as well as data centers, power plants and hospital that will help Thailand's commitment to environmental protection and digital transformation. The US$525.3 million (19.3 billion baht) investment from Braskem Siam Company Limited, the joint venture between Brazil's Braskem (Sao Paulo) and Thailand's SCG Chemicals (Bangkok), is for the construction of a plant at the Map Ta Phut Industrial Estate in Rayong Province that would produce up to 200,000 tons per year of bio-ethylene utilizing ethanol derived from sustainably renewable agricultural products. The plant will use Lummus Technology's (Houston, Texas) EtE EverGreen technology.

Subscribers to Industrial Info's Global Market Intelligence (GM) Chemical Processing Project and Plant databases can click here to read the detailed project report and here for the plant profile.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).

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