他のページへ トップページ アジアの石油化学 アジアのPVC/VCM タイの石油化学(トップ） 連絡先 knak@js2.so-net.ne.jp |
ナショナル・ペトロケミカル・コーポレーション（ＮＰＣ）
ＰＴＴ（タイ石油公社）、Siam Cement傘下
Siam Cement is NPC's second largest shareholder, holding approximately 25 percent, next to PTT Plc, the country's largest oil company, which controls about 38 percent of NPC.
↓
SCC recently said it boosted its ownership of NPC to 30.14 percent through collecting shares directly from the Thai bourse to strengthen its position as the country’s leading olefin maker.
The acquisition of additional shares in NPC, an ethylene and propylene manufacturer, came after the petrochemical business becomes the group’s largest income generator.
The latest acquisition by SCC has made the group the second largest shareholder of NPC, closely behind the national oil company PTT Plc, which holds 37.99 percent.
SCC directly owns about 27.64 percent of NPC, while it indirectly owns another 2.5 percent through its 60 percent-owned subsidiary Thai Plastic and Chemical Plc.(2005/5/15 Business Day:Thailand)
バンコックポリエチレン買収 不成立 → 再交渉
ＮＰＣ、エチレン生産倍増、LDPEにも進出 NPC to spend $600m for 3 projects
Thai PTT secures $208 million in loans for phenol investment
Thailand's National Petrochemical Eyes Ethylene, PE Plan with PTT
PTT & NPC forms PTT Polyethylene to build ethylene and PE plants
PTT Polyethylene Company Ltd. Selects UNIPOL PE
2005/4 PTT’s Acquisition of 31.5% Ownership Interest in TPI
2006/9 PTT Chemical acquires PTT Polyethylene and Bangkok Polyethylene
2007/7 Thai Aromatics Thailand, Rayong Refinery to merge by January 2008
2007/9 Thai Bangkok Polyethylene to double HDPE capacity by Q4 2009
Thai PTT Chem shelves EVA plant in favor of HDPE debottlenecking
2003/3/11 Financial Times
Extra high density polyethylene and
ethylene capacities in Thailand.
In Thailand, a new 250,000 tonnes/y production plant for high density polyethylene (HDPE) is being built by National Petrochemical.
三井化学、タイに技術輸出するＨＤＰＥ設備の基本設計を開始
完成後は当面の２年間に１５万トンを引き取る考え
三井化学は、タイの石油化学企業「ＮＰＣ（ナショナル・ペトリケミカル）」にＨＤＰＥの製造技術を供与することにしてこのほど同設備の基本設計作業を開始した。年内にも同作業を完了したい意向。
Platts 2002/7/31
Thailand's NPC engages Samsung to build PE plant by 2004Thailand's National Petrochemical Co has signed an agreement with Samsung Engineering for the construction of a 250,000 mt/yr polyethylene plant at Map Ta Phut to be completed in 2004,
NPC had initially considered using Borealis' process technology for the PE plant, but eventually decided on Mitsui technology.
化学工業日報 2000/10/13 不成立 → 再交渉
→ PTT
and TOC each buy 50 per cent shares in BPE
タイＮＰＣ ＢＰＥ（バンコク銀／三井物産合弁）買収 オレフィン垂直統合へ
タイの石油化学業界の再編が具体化してきた。ＰＴＴ（タイ石油公社）傘下のナショナル・ペトロケミカル・コーポレーション（ＮＰＣ）はこのほど、三井物産とバンコク銀行の合弁会社であるバンコックポリエチレン（ＢＰＥ）を買収する方針で基本的な合意に達した。
2004/3/3
中国・ＡＳＥＡＮニュース速報
タイ国営石油、ポリエチレン社買収計画
http://www.e-plastics.gr.jp/japanese/nna_news/news/news0403_1/04030308.htm
２日付バンコクポストなどによれば、国営石油ＰＴＴは子会社の石油化学大手タイ・オレフィンズ（ＴＯＣ）と組み、バンコク銀行（ＢＢＬ）からバンコク・ポリエチレン（ＢＰＥ）の株式を取得する計画だ。
ＢＰＥには、バン銀と創業家のソーポンパニット家が計40％、三井物産が35％出資している。2000年には、ＰＴＴ傘下の石油化学大手ナショナル・ペトロケミカル（ＮＰＣ）がバン銀と株式取得の交渉を行ったが、価格面で合意にいたらなかった。
2004/3/2 Bangkok Post
Bank seeks to sell its non-core businesses
PTT Plc and its subsidiary Thai Olefins Plc (TOC) are negotiating to take over Bangkok Polyethylene Co (BPE) from Bangkok Bank and the Sophonpanich family.
Apart from Bangkok Bank(and the family, which holds a 40.23% stake in BPE), other shareholders include Mitsui Corp, with 35%; Singapore's Transpac, 13.53%; Hua Kee Group, 7.21%; and retail shareholders who hold 4.03%. BPE has registered capital of 1.7 billion baht. The plant is located in Rayong.
中国・ＡＳＥＡＮニュース速報 2004/2/26 タイ紙
【タイ】石化大手ＮＰＣ、エチレン生産２倍
http://www.e-plastics.gr.jp/japanese/nna_news/news/news0402_4/04022610.htm
国営石油ＰＴＴとＮＰＣは24日、エチレン生産に向け合弁企業を設立する方針を発表した。エチレンは供給過剰が続いていたものの、内需拡大や好調な対中輸出により「2004年には需要と供給のバランスが取れる」（キムエン証券）見込み。市況も改善が続いており、ＮＰＣは年産を約84万トンと２倍に増やすことを決めた。ＰＴＴも設備拡張に資金を拠出する。
25日付バンコクポストによると、ＮＰＣは24日、低密度ポリエチレン（ＬＤＰＥ）事業に進出すると明らかにした。投資額は３億5,000万米ドル。年内に着工し、06年10〜12月期の完工を目指す。１億3,000万米ドルを投じたＨＤＰＥ工場は今夏に稼働する予定。
中国・ＡＳＥＡＮニュース速報 2004/2/26 タイ紙
【タイ】合弁でフェノール生産、国営石化４社
http://www.e-plastics.gr.jp/japanese/nna_news/news/news0402_4/04022611.htm
石油化学大手のアロマティクス（タイランド）（ＡＴＣ）は24日、親会社のＰＴＴなど３社と共同で、フェノールとアセトンを生産すると発表した。投資額は２億米ドル、最大年産はフェノール20万トン、アセトン12万5,000トン。工場は2007年４〜６月期に完工する。事業への出資比率はＰＴＴ40％、ＡＴＣ20％、ナショナル・ペトロケミカル（ＮＰＣ）20％、タイ・オレフィンズ（ＴＯＣ）20％。
Business Day
2004/2/25
NPC to double
capacity as demand rises 他の報道 Final
http://www.bday.net/detail.asp?id=38494
Virok said NPC will increase its annual ethylene production capacity by 400,000 tonnes, and expand into downstream products, like low density polyethylene and linear low density polyethylene
Meanwhile, PTT and NPC signed an MoU yesterday to ensure the production and supply of 390,000-500,000 tonnes of ethane annually.
PTT will also study the possibility of jointly investing in NPC's plan to expand the production of ethylene and related products, PTT vice president Chitrapongse Kwangsuksith said.
Another subsidiary of PTT, The Aromatics (Thailand) Plc (ATC), announced yesterday that it too was looking to invest $200 million in another downstream project.
NPC's shareholders have already approved plans to produce 200,000 tonnes of phenol annually together with 125,000 tonnes of acetone.
The new venture will be a joint investment wherein PTT will would hold 40 percent, ATC 20 percent, NPC 20 percent and PTT subsidiary Thai Olefins Plc the remaining 20 percent.
April 14, 2004
Thai Press Reports 他の報道 Final
NPC to spend $600m
for 3 projects
National Petrochemical Plc (NPC), one of the country's largest
petrochemical companies, said over the weekend that it plans to
spend up to $600 million for the construction of three new plants,
a move that would enable it to go head-to-head with Siam Cement
Plc. which is also planning to expand capacity.
Siam Cement, the country's largest conglomerate, recently
revealed a plan to build a gas-based cracker plant, an investment
that could reach as much as $1.2 billion.
NPC president Viroj Mavichak, pictured right, said the three
projects include a 600,000-tonne-a-year natural gas-fuelled
ethylene cracker plant and two polyethylene production plants, with
each having an annual production capacity of 300,000 tonnes.
Siam
Cement is NPC's second largest shareholder, holding approximately
25 percent, next to PTT Plc, the country's largest oil company,
which controls about 38 percent of NPC.
Petrochemical
News 19 JULY 2004 (Vol. 42, No. 29)
Thailand's National Petrochemical Eyes Ethylene, PE Plan with PTT 他の報道
http://www.petrochemical-news.com/P-V42N29.pdf
National Petrochemical
Plc (NPC) of Thailand is seeking board of director approval for a
joint venture with Thailand's PTT to produce ethylene and
polyethylene (PE).
As proposed, the two would establish an equally-owned venture to
build a 400,000-t/y ethylene cracker and a 300,000-t/y
PE plant in Rayong.
October 13, 2004 BANGKOK
POST
PTT, NPC team up to build plant
PTT Plc has formed a joint venture with affiliate National
Petrochemical Plc (NPC), an olefins producer, to build an ethylene cracker
and a low-density polyethylene (LDPE) plant as part of its strategy to step up its
gas-based petrochemical production and increase the value of
indigenous natural gas utilisation.
Both firms signed an agreement yesterday to set up a 50-50
joint-venture company called PTT Polyethylene Co, with initial registered capital
of 1.5 billion baht.
About US$444 million in investment is required to build the ethylene cracker
with a capacity of 410,000 tonnes per year and the LDPE plant with
an output of 300,000 tonnes per year in Mab Ta Phut, Rayong.
About 530,000 tonnes per year of ethane from
PTT's gas-separation plant in Rayong are needed for the planned
cracker.
The construction work is expected to begin late next year and be
completed in three years, in time to tap the anticipated upturn
in ethylene demand.
PTT president Prasert Bunsumpun said local demand for LDPE grew
steadily at the rate of 6% on average.
Local production of LDPE, the feedstock for the manufacturing of
food and cosmetic packaging, stands at 260,000 tonnes per year.
If no new plants were built, Thailand would have to import
170,000 tonnes per year of LDPE over the next five years.
Once completed, LDPE production would not only meet local demand
but also be exported, said Mr Prasert.
PTT announced in August it would join Thai Olefins Plc (TOC) in
taking over Bangkok Polyethylene Co (BPE), a manufacturer of
high-density polyethylene (HDPE) by acquiring all of the shares
from Bangkok Bank and Mitsui Group for a total of 3.4 billion
baht.
PTT shares closed yesterday at 190 baht, up five baht , in trade
worth 1.9 billion baht while NPC shares closed at 117 baht, up
one baht, in trade worth 232 million baht.
Thailand's PTT &
Thai Olefins acquire Bangkok Polyethylene
The Petroleum Authority of Thailand (PTT) and Thai Olefins Co
have purchased all of Bangkok Polyethylene's shares, PTT said Friday in a
statement. The Baht 3.4-bil ($82.12-mil) acquisition would give
PTT and TOC equal ownsership of 50% each. BPE operates two 100,000 mt/yr
HDPE plants in Map
Ta Phut.
Historically, BPE has been buying ethylene feedstock from TOC and
Rayong Olefins. Its new alliance and backward integration with
TOC was expected to boost its cost advantage, sources said.
PTT’s Acquisition of 31.5% Ownership
Interest in TPI
http://www.pttplc.com/en/ptt_core.asp?page=nc_pr_bu_detail&id=472
On April 29, 2005, PTT
Public Company Limited (PTT) and the Ministry of Finance (MOF),
in its capacity of an agent authorized by the Thai Petrochemical
Industry Public Company Limited (TPI) Business Reorganization
Plan (Plan) to select and allocate TPI shares to new qualified
investors, have reached an agreement on the indicative price and
major terms of the Share Purchase Agreement (SPA) under which PTT will acquire
31.5% ownership interest in TPI (diluted to 30% ownership post the
issuance of ESOP shares).
Upon a successful closing of the transaction, PTT, together
with the Government Pension Fund and Government Saving Bank, will
own over 50% of TPI.
The
Plastic Exchange 2005/11/18
PTT Polyethylene Company Ltd. Selects UNIPOL(TM) PE; New
Facilities Will Include Metallocene Technology
http://www.theplasticsexchange.com/Public/News_Template.aspx?Buffer=&Id=72562822
Univation Technologies today announced that PTT Polyethylene Company Ltd. (PTTPE), a joint venture between Thailand's PTT Public Company Ltd. (PTT) and National Petrochemical Public Company Ltd. (NPC), has selected the UNIPOL PE Process from Univation Technologies for its polyethylene plant. The new facility is planned as part of a major petrochemical expansion at its Mab Ta Phut site in Rayong, Thailand. The plant will include a UNIPOL PE line capable of producing 400,000 tons of linear low density polyethylene per year. The facility will also be the first new build plant in Southeast Asia to include Univation's well-proven metallocene catalyst technology.
2004/10/11
PTT and NPC signed shareholder agreement on petrochemical project
Today (Oct. 11, 2004),
Mr. Prasert Bunsumpun, President of PTT Public Company Limited
(PTT) and Mr. Viroj Mavichak, President of National Petrochemical
Public Company Limited (NPC) had entered the Shareholder
Agreement for the joint establishment of PTT
Polyethylene Co., Ltd which will operate the Ethylene
Cracker Project and the Low Density Polyethylene (LDPE) Plant
with the capacity of 410,000 tons and 300,000 tons per year
respectively. The Ethylene Cracker and LDPE Plant will be located
in Mab Ta Phut Industrial Estate Zone in Rayong Province. The
US$444-million investment will be equally (50:50) invested by PTT
and NPC which will carry a 1 : 1 debt to equity (D/E) ratio. The
plant will take 530,000 tons per year of ethane as feedstock from
PTT Gas Separation Plant in Rayong. The construction is expected
to be completed by 2008.
The new project operates
under PTT's strategic move for the establishment of value
creation through Gas Based Petrochemical. The fully utilization
of natural gas also helps increase PTT's competitiveness in its
petrochemical group. Meanwhile, there is continuous local demand
for LDPE with the average growth of 6% per year. Currently,
domestic production of LDPE is only about 260,000 tons per year
which is below existing local demand. LDPE is a raw material for
the production of food package, cosmetics, shockproof plastic,
and etc. In the next five years (2009), Thailand is expected to
import more than 170,000 tons of LDPE per annum. With the
completion of Ethylene Cracker Project, supply is able to meet
local demand, and enough for export as well
Platts 2006/9/8
Thai PTT secures $208 million in loans for phenol investment
The phenol JV, PTT Phenol Co, would be capable of producing 200,000 mt/year of
phenol and 125,000 mt/year of acetone by-product in Map Ta Phut, from
propylene and benzene supplied by PTT's petrochemical affiliates.
The JV is a tie up among PTT, Aromatics (Thailand) Public
Co (ATC), PTT Chemical Public Co (PTTCH) in the proportion of 40%, 30% and
30% respectively. The project's total investment cost is
approximately $283.4 million.
Acquisitions
good for PTT
Chemical
Two firms
offer downstream
entry
PTT Chemical Plc will acquire majority stakes in PTT Polyethylene Co (PTTPE) and Bangkok Polyethylene Plc (BPE) at a discount of 910 million baht from the companies' value, according to an independent financial adviser for the transaction. PTT Chemical announced earlier that it would acquire 11.5 million shares, or 50%, of PTTPE and 85 million shares, or 50%, in BPE in a deal with PTT Plc, its major shareholder with a 50.1% stake.
The transaction would result in PTT Chemical holding all of the shares in both companies.
PTT Chemical was formed through the merger of PTT affiliates Thai Olefins and National Petrochemical, and began trading on the Stock Exchange of Thailand last December.
Platts 2007/7/23
Thai Aromatics Thailand, Rayong Refinery to merge by January 2008
Thailand's state-owned PTT Public Co hopes to finalize a merger
of its subsidiaries Aromatics Thailand Public Co (ATC)
and Rayong Refinery Public Co by January 2008, a PTT spokesman
said Monday.
PTT now has a 49.67% stake in ATC and 48.75%
share in RRC.
PTT aims to have a 49.5% share in the merged
company but
its stake may be larger, depending on the number of shares it
needs to buy back from shareholders not in favor of the merger,
the source said.
Thai Bangkok Polyethylene to double HDPE capacity by Q4 2009
Thailand's PTT Chemical
plans to double the high density polyethylene capacity of
subsidiary Bangkok Polyethylene to 500,000
mt/year
through a debottlenecking project, by the fourth quarter of 2009,
a company source said Friday.
The ethane cracker will be operated by PTT Polyethylene, another PTTCH subsidiary. It
will have the capacity to produce 1 million mt/year
of ethylene. Of
this, 700,000 mt/year will be consumed by PTT Polyethylene's two
PE plants and nearly all the remaining ethylene output channeled
to Bangkok Polyethylene.
Bangkok Polyethylene's existing 250,000 mt/year HDPE
plant buys
ethylene from PTTCH's "I41" naphtha cracker, previously
owned by Thai Olefins and formerly code named TOC No 1.
Thai PTT Chem shelves EVA plant in favor of HDPE debottlenecking
Thailand's PTT Chemical
has shelved an ethylene vinyl acetate investment planned for
completion in 2009 in favor of a polyethylene capacity expansion,
a company source said.
The EVA project was put on hold indefinitely due to a $54 million or
37% surge in its cost to over $200 million. The cost increase would have
diminished the investment's anticipated internal rate of return,
making it a less attractive expenditure, the source said The
company requires its chemicals projects to have an IRR rate of at
least 15%.
If PTTCH had not pulled the plug on the EVA project, construction
would have began by December 31, 2007, on a 100,000 mt/year
plant at Map Ta Phut
in Rayong province.
BANGKOK POLYETHYLENE'S HDPE CAPACITY TO BE DOUBLED