Page 165 - CW E-Magazine (28-5-2024)

News from Abroad

GROWTH INITIATIVES
Dow to partner with Thailand’s SCGC for plastic waste

recycling; to raise propylene glycol capacity in Thailand

American chemicals major, Dow, has
made two announcements pertaining
to its Thailand activities.

The first announcement focussed on
a circularity partnership with Thailand’s
petrochemicals firm, SCG Chemicals or
SCGC, to transform 200-ktpa of plastic
waste into circular products by 2030. The
partners intend to accelerate technology
development in the value chain to enable
recycling through both mechanical recy-
cling (MR) and advanced recycling (AR)
and convert a broader range of plastic
waste into high-value applications.

The initial phases are expected to technology licensing,” said Mr. Bambang “The expansion at our Map Ta Phut
include establishing a value growth partner Candra, APAC commercial vice president, site not only optimises our existing asset
ship for post-consumer recycled materials Packaging & Specialty Plastics, Dow. infrastructure, but also enhances our
(PCR) with current suppliers, and deve- regional and global leadership position in
loping technology solutions in waste sort- Propylene glycol capacity expansion the industry, allowing us to better serve
ing, MR and AR in Thailand. The phases In the second development, Dow has our customers,” said Ms. Jane Palmieri,
aim to build a robust materials ecosystem announced the start-up of its propylene President of Industrial Intermediates &
in South-east Asia. This ecosystem will glycol (PG) capacity expansion at its integra- Infrastructure od Dow. The back-integra-
ultimately enable better plastic waste col- ted manufacturing facility in Map Ta tion at the Map Ta Phut site provides a
lection, recycling and management, and Phut, Rayong, Thailand. The capacity will cost competitive supply of key upstream
accelerate plastic circularity. The parties increase by 80-ktpa , bringing the total output PG raw materials such as propylene
anticipate that subsequent phases of the to 250-ktpa, making the Dow Map Ta Phut oxide (PO) and ensures a reliable supply
partnership will include sourcing of plas- PG manufacturing facility the largest of its position to aid growth in downstream
tic waste feedstocks in South-east Asia kind in Asia Pacific. Dow said the increased markets, Dow said in a press note. Dow
including potential expansion into other capacity will help advance downstream PG is planning to secure ISCC PLUS certifi-
parts of the regions including Mainland growth in personal care, pharmaceutical, cation of the Map Ta Phut PG facility by
China, Korea, Japan, Taiwan, Australia, food and flavour & fragrance markets. the end of 2024.
and New Zealand. KCC Corporation completes

“Asia has one of the largest sources acquisition of Momentive
of convertible plastic waste. We want to
disrupt how the region currently handles Momentive Performance Materials the anticipated sale in March. “We are
waste and structure a new model that val- group, the US-based silicones and spe- excited to fully bring Momentive into
ues, sources, and transforms plastic waste. ciality solutions company, has announced the broader KCC Corporation and antici-
Our partnership with SCGC will enable that it has been fully acquired by South pate a positive impact with the ownership
both companies to be key players in Korea’s KCC Corporation, resulting in change as we shift from a private equity
enabling greater circularity in the region by the exit of minority shareholder, SJL Part- mindset to a more strategic and long-term
leveraging our complementary portfolio, ners, LLC. KCC, the company’s majority approach, said Momentive President and
research and development capabilities, and shareholder since 2020, had announced CEO, Dr. Sam Conzone.

Chemical Weekly May 28, 2024 165

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