Asahi Kasei Chemicals recently held a Grand Opening Ceremony for new acrylonitrile (AN) and methyl methacrylate (MMA) plants in Thailand.
Asahi Kasei Chemicals is amongst the largest suppliers of AN in the high-growth Asian market, and the worlds second-largest AN supplier. The company is proactively expanding its AN business to meet growing demand as a world-leading business. It is also expanding its MMA business to meet demand in the growing markets of Asia as well as in Japan.
In line with its business expansion strategy, Asahi Kasei Chemicals established PTT Asahi Chemical Co., Ltd. (PTTAC) as a three-way AN and MMA joint venture together with PTT Public Company Limited (PTT) of Thailand and Marubeni Corp. of Japan. PTTACs AN plant is the worlds first propane-process plant, which uses propane directly as feedstock, and its MMA plant is an acetone cyanohydrin (ACH) process plant, which uses byproduct hydrogen cyanide from the AN plant as feedstock.
The Asahi Kasei Group is structured with Asahi Kasei Corp. as a holding company and nine core operating companies focused on specific fields of operation. It was found on May 21, 1931. It has nearly 25,016 employees.
Source: Asahi Kasei Group
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