In 2006, The Dow Chemical Company reinforced its commitment to Thailand by announcing that it would jointly invest in a naphtha cracker with Siam Cement Group. The Map Ta Phut Olefin Company (MOC) is closely located to the downstream plants. This new liquids cracker includes a metathesis unit to convert C4s to propylene. MOC started up successfully in March 2010.
By locating the cracker in close proximity to the joint ventures of the SCG-DOW Group, existing and new assets can be leveraged to create a source of advantaged raw materials for downstream derivative businesses.
This new investment will make Thailand Dow's largest manufacturing site in Asia and heralds Dow's third wave of investment in Thailand. It also sends a clear message that Dow is in Thailand to stay.
When it made that announcement, the company indicated the naphtha cracker would lead Dow and partners to develop a number of downstream facilities that would strengthen the Company's presence in Asia Pacific, support customer's business growth in the region and provide a competitive platform on which to develop a range of higher margin performance products.
By the end of 2008, Dow had announced multi billion dollar investments in five plants, which are collectively known as the Thai Growth Project.
- SPE II
- Special Elastomers
- Propylene Oxide
- Hydrogen Peroxide
- Power, Utilities & Infrastructure
- Rayong Terminal Co.,Ltd. ( RTC)