PTT Asahi Chemical Company Limited (PTTAC), a company of the PTT Group, is a joint venture of PTT Public Company Limited (PTT), Thailand’s National Energy Company and Asahi Kasei Corporation (AKC) of Japan, the world’s leading petrochemicals producer with the shareholding ratio of 50% and 50% respectively. PTTAC receives joint support from the shareholders with strengths in technology, feedstock, operations and marketing.
PTTAC is incorporated on August 1st, 2006 and will produce 200,000 tons of AN and 70,000 tons of MMA per year.
PTTAC’s AN and MMA Plant will be the first AN plant in Thailand, located in Rayong, using Propane from PTT Gas Separation Plant as major feedstock which will reduce trade deficit, increase export of MMA with the amount of 5,000 Million Baht per year, and create the nation and community’s job market and income.The plant will also create human resource and transfer in technology in petrochemical industry and create value added to the country’s natural resources.
PTTAC has prioritized safety and environment so we strictly follow quality and safety standards and other relevant laws and regulations with safety and environment restrictions. We fully realize that the industry and community can live and grow together and we are proud to be a part of this cooperation.