Page 18 - Plastics News June 2021
P. 18

CompAny news



          INEOS Aromatics  progresses                            NatureWorks' expansion of new

          major upgrades of PTA plant in                         biopolymer facility in Thailand
          Indonesia                                              approved



           NEOS Aromatics is to progress a major upgrade of its PTA   atureWorks,  a  world’s  leading  manufacturer  of
          Iplant in Indonesia that will increase the competitiveness  Nlow-carbon PLA biopolymers made from renewable
          of the asset and the nation’s polyester value chain. The   resources,  has  announced  the  completion  of  key
          investment  will  deliver  a  major  improvement  in  the   milestones in their global manufacturing expansion
          efficiency of the Merak operations by installing a more   plan for a new fully integrated Ingeo PLA production
                                                                 facility that is anticipated to open in Thailand by
                                                                 2024,  subject  to  shareholder  approval.  When  fully
                                                                 operational the new plant will have an annual capacity
                                                                 of 75,000 tons of Ingeo biopolymer and will produce
                                                                 the full portfolio of Ingeo grades The Thailand Board of
                                                                 Investment approved the NatureWorks manufacturing
                                                                 project that will be located at the Nakhon Sawan
                                                                 Biocomplex (NBC) in Nakhon Sawan province. The NBC
                                                                 is the first biocomplex project in Thailand established
                                                                 in accordance with the government's bioeconomy
                                                                 policy. NatureWorks has recently completed the front-
                                                                 end engineering design work with Jacobs. Jacobs was
          modern, larger oxidation reactor, an overhead heat     selected and managed in partnership with IAG, who
          recovery system and modifying the main process air     provided front-end project management and project
          compressor. An oxidation reactor was transported to the   controls. Final detailed engineering is currently
          Merak plant in Indonesia. The effect will be to significantly   underway. “We are pleased to share these significant
          reduce energy consumption, chemical usage and utilities   accomplishments as part of our next phase for global
          demand – which will ultimately reduce GHG emissions by   manufacturing expansion,” said Rich Altice, President
          over 13,000 CO2 equivalent tons per year (calculated on   and CEO of NatureWorks. “The approval and support
          constant throughput basis). The increase in capacity it also
          delivers will reduce the Indonesia polyester value chain’s
          dependence on imports of PTA. The installation phase is
          now complete and the Merak team will now move onto
          the next phase, optimizing the performance of the new
          technology in order to deliver the energy and capacity
          benefits. The plant produces purified terephthalic acid
          (PTA), which is used by the polyester industry to produce
          PET bottles, textiles, film and other products. INEOS is the
          world’s third largest chemical company. It has a turnover
          of $61bn and employs 26,000 people across 36 businesses,
          operating 194 sites in 29 countries throughout the world.   from the Thailand Board of Investment was a critical
          INEOS products make a significant contribution to saving   milestone on our path toward opening our new facility
          life, improving health and enhancing standards of living   in Thailand.” The new manufacturing complex will
          for people around the world. Its businesses produce the   include production for lactic acid, lactide, and polymer
          raw materials that are essential in the manufacture of   making it the world’s first polylactide facility designed
          many goods: from paints to plastics, textiles to technology,   to  be  fully  integrated.  NatureWorks  will  build  and
          medicines to mobile phones - chemicals manufactured by   operate all three facilities, having both process and
          INEOS enhance almost every aspect of modern life.      energy integration.



          Plastics News   June 2021    18
   13   14   15   16   17   18   19   20   21   22   23