Sumitomo Chemical has reached an agreement with PTT Global Chemical Plc (PTTGC) of Thailand that Sumitomo Chemical will license its technology of manufacturing propylene oxide (PO) in connection with the petrochemical project which PTTGC is implementing.
For PO production, a decision has been made to adopt Sumitomo Chemical’s proprietary technology. The new PO plant will have an annual production capacity of 200,000 tons, with target completion in the second quarter of 2020.