Mon, January 24, 2022


PTTGC looks to production of recycled plastic pallets

The management of PTT Global Chemical (PTTGC) will propose to the company's board of committees at its meeting this month the development of a manufacturing facility for recycled plastic pellets, said Patiparn Sukorndhaman, chief operating officer for downstream petrochemical business.

The plant will be a joint venture between PTTGC and Alpla Group Southeast Asia (ALPLA), a global leader in the manufacturing of plastic products with more than 60 years of experience. 
It will also be the first factory for the European-standard recycled plastic pellets in Thailand with an annual capacity of 50,000 tonnes per annum: 35,000 tonnes of recycled PET (rPET) pellets, and 15,000 tonnes of recycled high density polyethylene (rHDPE). 
The facility will be located at Asia Industrial Estate in Map Ta Phut district, Rayong and will require not less than Bt1 billion in capital investment. Construction will take about 18 months for completion by end of 2020.
Patiparn said major clients of the planed plant for recycled plastic pellets will be big companies which give importance to the environment, such as Coca-Cola and Unilever.
"Regarding the demand for recycled plastics in Thailand, despite receiving lukewarm support from the government, we are confident that the plant will be able to export the products as it meets European standards," he said.
PTTGC will also expand its investment in recycled plastic pellets at a later stage . The plan is currently under study for an appropriate model, in terms of the spread of factories in remote cities with large volume of garbage. It will invite participation by independent investors, who will apply the company's business model and sell their recycled plastic pellets back to the company.
"We have set a five-year goal to end the production of single-use plastic pellets, currently at about 150,000 tonnes per year, from two million tonnes per annum of total manufacturing capacity of plastic pallets," said Patiparn, adding that the move is in line with the preservation trend of anti plastic wastes.
"We are mapping up business plans catering to the change, such as converting our manufacturing process for many plastic products from single-use to multi-use, including pipe, cable, and fibre.
In January, PTTGC and Silpakorn University signed a memorandum of understanding (MoU) to promote eco-friendly BioPBSTM for use in the production of BioPBSTM coated paper cup and biodegradable straws in response to the “Be Smart, Be Green” policy, which supports the principles of the circular economy and global sustainability.

Published : July 16, 2019