April 4, 2011

PTT, MCC forms bio-PBS JV

Sorry about the alphabetical soup headline, blame my weird sense of humor =)

The blog covered PTT Limited and Mitsubishi Chemical Company (MCC) before about their planned bio-polybutylene succinate (bio-Pbs) partnership. MCC announced to its investors in December that it is planning to establish operation in Thailand w/ PTT for the production of its bio-Pbs using "low-cost raw materials to enter new markets." Target production in Thailand is around 20,000 tons/year by fiscal year 2015.

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