IRPC, a Thai refining and petrochemical company under PTT, announced a joint venture with a PTT subsidiary to manufacture and sell nonwoven fabrics for masks and medical consumables. The joint venture, Inopolymed, is expected to be established in the second quarter of 2021.
Japan Polypropylene and its 50:50 joint venture partner IRPC of Thailand started commercial operations at a 140,000 tonnes/year polypropylene compounding plant in Chonburi Province, Thailand. The plant is fed directly from an upstream 300,000 tonnes/yr PP polymerization plant.
IRPC Pcl signed a joint venture contract to acquire 50% of Mytex Polymers (Thailand) Co Ltd's shares from Japan Polypropylene Corporation (JPP), aiming to strengthen its specialty PP compound portfolio for the automotive market.