Thai petrochem producer Thai Olefins PCL has plans of capacity expansion at an investment outlay of US$310 million. The expansion, expected to be commercially viable in Q2-2008, includes a US$75 million project to increase its ethylene production by 100,000 metric tpa and propylene production by 50,000 tpa. Another project is a US$235 million monoethylene glycol (MEG) plant which will have a capacity of 300,000 tpa. The plant, the company's second MEG production facility, will begin operations in the second quarter of 2008.
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