In a move that will create higher margins for its products, IRPC Plc. (formerly known as Thai Petrochemical Industry) is considering a new investment of US$2.1 bln for a naphtha cracker and residue refinery. The company's end goal is to generate new by-products and significant future profits. The US$2.1 bln project encompasses a US$1.5 bln for a naphtha cracker and $600 million for a residue refinery plant. Upon completion, the IRPC refinery will produce one mln tpa of naphtha and process it on site.
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Monday, February 04, 2008
IRPC Plc mulls US$2.1 bln investment for naphtha cracker and residue refine...
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