Board of Investment in Thailand has approved privileges for direct investment for four projects worth a combined Bt29.45 billion. Three projects involve by-products from the petrochemical industry, while the fourth is a power-plant project.
The first is a joint venture between PTT and a Japanese firm, worth Bt11.84 billion. The project will produce 20,000 tpa of acrylonitrile, 68,000 tpa of acetone cyanohydrin, and 29,000 tpa ammonium sulphate. The project will be located at the Eastern Seaboard Industrial Estate in Rayong.
The second project, owned by Bangkok Polyethylene, is for the production of 20,000 tpa of high-density polyethylene, with an investment of Bt5.03 billion. The plant will be located at Map Ta Phut Industrial Estate.
The third petrochemical project, worth Bt9.85 billion, is a joint venture between PTT, PTT Chemical and Aromatics Thailand that asked for investment privileges to produce 150,000 tpa of BisphenolA, to be located at the Eastern Seaboard Industrial Estate in Rayong.
21-Nov-06 
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