IRPC targets special polymersIRPC Plc, the petrochemical arm of PTT Group, is poised to become a key manufacturer of speciality polymers in the post-pandemic period to avoid tougher competition in the commodity-grade polymer market. Speciality polymers can be produced for uses in various industries, including medical equipment, electric vehicles (EVs), batteries and floating solar power modules, said Chawalit Tippawanich, president and chief executive of IRPC. The company wants to use speciality polymers to make high-quality materials that are often used in the medical industry, such as N95 face masks. Speciality polymers can also be used as materials for the battery production process, which involves a battery separator, as well as absorbent production. The company plans to use part of its five-year capital budget worth 30 billion baht for speciality polymer development.
Source: Bangkok Post August 19, 2021 00:00 UTC