PTT Group Financial and Strategic Insights
P&R : Projects Update
2020
GC
PO/Polyols
2021
ptt IRPC
GC
GC
Thaioil
GC
MTP Retrofit
Non-Woven
Thaioil
HVB
Fabric products
Olefins investment
(Allnex)
CFP
Ole 2 Modification
plant project
PO/
Polyols
MTP Retrofit
(Olefins Reconfiguration)
2022
2023
High value business
(HVB) Acquired 100%
share of Allnex
The establishment
of Innopolymed
Olefins investment
(Investment in
PT Chandra Asri: CAP)
ptt
İRPC
Ultra Clean Fuel
2024
CFP
(Clean Fuel Project)
Ole 2 Modification
plant project
Ultra Clean Fuel
Objective/Capacity
• Create value
added in
Polyurethane
chain
⚫ PO (200 KTA)
•
Polyols (130 KTA)
•
Ethylene (500 KTA)
Propylene (250 KTA)
Olefins capacity
2,988 3,738 KTA
*100% in progress as
of Dec 2020
CAPEX
888 MMUSD
985 MMUSD
COD
To diversify
geographic targets
in specialty
chemical and
expand global
footprint
(Basic chemical →
Performance
Chemicals & Green
Chemicals)
Global producer of
industrial coating
resins and additives
Total capacity
around 1,297 KTA
*Expected closing deal
in 4Q21
€4,002 million or
equivalent to
148,417 MB
•
40% stake held by
Innobic and 60%
stake held by IRPC
with a registered
capital of Baht 260
million.
to manufacture and
sell Non-Woven
Fabric products as
well as medical
consumables
Total capacity
around 5.6 KTA
*The Company
completed its
registration in 2Q21
•
.
Further extend Hydro-
Carbon value chain to
Olefins
Use excess feedstock from
CFP project (Naphtha) to
create more flexibility and
competitiveness.
Investment 15.38% in
petrochemical
producer (Olefins) in
Indonesia with total
capacity around 4,232 KTA
*Realized CAP contribution in
4Q21 onwards
*CAP2: expected FID in 2022
•
•
Upgrade lower
value products
→ higher value
products
Ability to
process heavier
(cheaper) crude
oil
Refining
capacity 275 >>
400 KBD
260 MB
not exceed 1,183 M.USD
or equivalent to 39,116 MB
4.8 Bn.USD
incl. ERU unit
757 MMUSD
Dec'2020
2Q2021 (Jun)
4Q2021 (Dec)
2Q2022
CAP2: 2026
(FID 2022)
2023
(FID Jul'18)
•
To increase Propane
usage as feedstock
• To enhance feedstock
flexibility and long-
term competitiveness
165 MMUSD
or equivalent to
5,198 MB
1Q2023
• To increase
refinery plant's
efficiency and
upgrade diesel
quality to meet the
Euro 5 standard
• Increase 75 KBD of
diesel capacity in
Diesel hydro-
treating Unit
13,300 MB
Jan'2024
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