Titan plans RM600 mln petrochem expansion

18-Nov-05
Malaysia's biggest petrochemicals company, Titan Chemicals Corp Bhd, has planned a RM600 million expansion project at its existing facility in Pasir Gudang, Johor, scheduled to be completed by the middle of 2006. Good progress has been made on the plans as two Japanese contractors have been shortlisted to be granted projects for procurement control. Titan also has plans to expand capacity at its existing polypropylene plant by 20% and plans to build two new plants in the pipeline: a methathesis plant and a butadiene plant. Production capacity at the butadiene plant will be 100,000 tpa, almost 50% of which will be for the export market, while the methadiene plant will have a production capacity of 130,000 tpa. The methadiene plant will convert ethylene into polypropylene which is one of the most versatile and low-cost polymers in the petrochemicals industry with a global demand of 38.6 million tons in 2004. Established 16 years ago and controlled by the Houston, Texas-based Chao group, Titan Chemicals is the first and largest integrated olefins and polyolefins producer and second largest polyoelfins producer in South-East Asia.
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