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Market sources reported that Philippines’ JG Summit Holdings is planning to build a new 250,000 tons/year HDPE plant as well as expanding its existing 190,000 tons/year PP plant to 300,000 tons/year at Batangas city. The new plant is expected to spend about 26 months for completion, meanwhile the EPC contract was not disclosed.

Meanwhile, the company plans to implement the following 3 projects by 2021, as reported earlier:

Project 1:

70,000 tons/year of butadiene

89,000 tons/year of raffinate

Project 2:

126,000 tons/year of benzene

76,000 tons/year of toluene

46,000 tons/year of mixed xylene

18,000 tons/year of other products

29,000 tons/year of non-aromatics

Project 3:

Increase ethylene production by 160,000 tons/year (existing 320,000 tons/year)

Increase propylene production by 51,000 tons/year (existing 190,000 tons/year)

Increase C4 production by 26,418 tons/year (existing 110,000 tons/year)

Increase pyrolysis gasoline production by 78,876 tons/year (existing 216,000 tons/year)