Insight

Reference

·

Primary source

Thailand installed pyrolysis nameplate capacity (kt per year, 2027)

~80 kt per year

As of2027 disclosed nameplate·Sources8·Primary

Disclosed Thai pyrolysis nameplate capacity stacks to roughly 80 kt per year by 2027: IRPC Rayong pilot at 1 kt per year (commissioned Q4 2024) with planned expansion to 8-12 kt per year, SCG GO Green Chemicals Map Ta Phut at 12 kt per year (planned 2026 commissioning), PTT Global Chemical at 15 kt per year by 2027 plus second-line target, Bangchak Sriracha Refinery (BSRC) at 10 kt per year (FID Q1 2026, 2027 commissioning), Banpu and Energy Absolute pilots at sub-5 kt per year combined, and the cumulative SCG GO Map Ta Phut second-phase plus PTTGC Vencorex integration capacity. Depolymerisation lines (Indorama Ventures Nakhon Pathom and Rayong) add a parallel BHET, MEG monomer pathway not counted in this pyrolysis-only figure.

Download CSV ↓Compare plans →

Figure in context

Disclosed Thai pyrolysis nameplate capacity stacks to roughly 80 kt per year by 2027: IRPC Rayong pilot at 1 kt per year (commissioned Q4 2024) with planned expansion to 8-12 kt per year, SCG GO Green Chemicals Map Ta Phut at 12 kt per year (planned 2026 commissioning), PTT Global Chemical at 15 kt per year by 2027 plus second-line target, Bangchak Sriracha Refinery (BSRC) at 10 kt per year (FID Q1 2026, 2027 commissioning), Banpu and Energy Absolute pilots at sub-5 kt per year combined, and the cumulative SCG GO Map Ta Phut second-phase plus PTTGC Vencorex integration capacity. Depolymerisation lines (Indorama Ventures Nakhon Pathom and Rayong) add a parallel BHET, MEG monomer pathway not counted in this pyrolysis-only figure.

Disclosed Thai pyrolysis nameplate capacity stacks to roughly 80 kt per year by 2027: IRPC Rayong pilot at 1 kt per year (commissioned Q4 2024) with planned expansion to 8-12 kt per year, SCG GO Green Chemicals Map Ta Phut at 12 kt per year (planned 2026 commissioning), PTT Global Chemical at 15 kt per year by 2027 plus second-line target, Bangchak Sriracha Refinery (BSRC) at 10 kt per year (FID Q1 2026, 2027 commissioning), Banpu and Energy Absolute pilots at sub-5 kt per year combined, and the cumulative SCG GO Map Ta Phut second-phase plus PTTGC Vencorex integration capacity. Depolymerisation lines (Indorama Ventures Nakhon Pathom and Rayong) add a parallel BHET, MEG monomer pathway not counted in this pyrolysis-only figure.

Time scope

2027 disclosed nameplate

Source basis

Primary source

Interpretation notes

What this tells you

Disclosed Thai pyrolysis nameplate capacity stacks to roughly 80 kt per year by 2027: IRPC Rayong pilot at 1 kt per year (commissioned Q4 2024) with planned expansion to 8-12 kt per year, SCG GO Green Chemicals Map Ta Phut at 12 kt per year (planned 2026 commissioning), PTT Global Chemical at 15 kt per year by 2027 plus second-line target, Bangchak Sriracha Refinery (BSRC) at 10 kt per year (FID Q1 2026, 2027 commissioning), Banpu and Energy Absolute pilots at sub-5 kt per year combined, and the cumulative SCG GO Map Ta Phut second-phase plus PTTGC Vencorex integration capacity. Depolymerisation lines (Indorama Ventures Nakhon Pathom and Rayong) add a parallel BHET, MEG monomer pathway not counted in this pyrolysis-only figure.

What not to do with it

Pyrolysis-only nameplate; excludes Indorama Ventures depolymerisation lines and SCG and PTTGC gasification pilots. Actual utilisation through 2027 expected at 60-85 percent of nameplate.

Related figures

Adjacent numbers that add context without drowning the value.

2024 baseline; 2027 effective stream
~6.2-7.5 Mt per year

Thailand plastic waste generation (2024 baseline)

Pollution Control Department, SCB EIC Thailand plastic waste outlook January 2026, TIPMSE PRO Thailand coalition

2024-2028 (modelled)
~THB 18B base 2027

Thailand chemical recycling revenue (THB billion, 2024-2028)

IRPC, SCG Chemicals, PTT Global Chemical, Bangchak, Indorama Ventures, PCD, BOI, SCB EIC

2027 modelled share of revenue
Pyrolysis ~58%

Thailand chemical recycling technology mix (2027 modelled)

IRPC, SCG, PTTGC, Bangchak, Indorama Ventures, Energy Absolute, Banpu, BASF ChemCycling, ISCC PLUS

2026-2027 EPC benchmark
~USD 8-14M per kt

Thailand pyrolysis capex per kilotonne (USD million)

SCG Chemicals, PTT Global Chemical, Bangchak, IRPC, Indorama Ventures, EPC tender summaries, BOI promoted projects filings

2027 base case mass-balance polymer ASP
~USD 1,400 per MT

Thailand mass-balance recycled polymer ASP (USD per MT, 2027 base)

IRPC, SCG, PTTGC, Indorama Ventures, BASF ChemCycling, ISCC PLUS, Coca-Cola, Unilever, EU CBAM Phase 2 legislative acts

2027 modelled revenue share
Top 4 ~67%

Thailand chemical recycling operator concentration (2027 share)

IRPC, SCG, PTTGC, BCP, BSRC, IVL, EA, Banpu, BASF, TIPMSE, BOI promoted projects

Report context

Thailand Plastic-to-Fuel Pyrolysis Recycling 2027 Market Intelligence

Thailand generates 6.2-7.5 million tonnes per year of plastic waste with roughly 60 percent mismanaged and mechanical recycling capped at PET and HDPE rigid streams (about 22 percent of total). Chemical recycling — pyrolysis (mixed-PP/PE/PS to pyrolysis oil), depolymerisation (PET back to BHET and MEG monomers), gasification (mixed plastic to syngas) — is the only credible 2027 route for the residual stream. The 2027 catalyst stack: PCD Producer Responsibility Order effective Q1 2027 mandates registered EPR for FMCG and electronics brand-owners with explicit credit for pyrolysis output; IRPC Rayong pyrolysis pilot (1 kt per year, commissioned Q4 2024) leads SCG GO Green Chemicals Map Ta Phut (12 kt per year, 2026), PTTGC, Bangchak Biofuel and Banpu pyrolysis FIDs stacking to roughly 80 kt per year by 2027; BOI Section 8 chemical-recycling 8-year tax holiday plus 0 percent catalyst and equipment import duty; EU CBAM Phase 2 (January 2026) and ASEAN ICA Phase 1 (Q3 2026) charge a carbon premium on plastic exports; Coca-Cola, Unilever, Nestlé, PepsiCo recycled-content commitments force brand-owner offtake; BoT Sustainable Finance Framework underwrites SCB X and KASIKORNBANK green-bond capex; MoE End-of-Life Vehicle Bill mandates mixed-plastic recovery. Base 2027 read: Thai chemical-recycling revenue reaches THB 14-22B (against THB 0.4-0.9B in 2024) with IRPC, SCG GO, PTTGC and Bangchak Biofuel capturing 70 percent or more share and a long tail of registered EPR collector-processor SMEs capturing the remainder.

Open report →

Atlas actors in this figure's reports

Profiles covered in the report that cite this number.

Banpu Public Company Limited

SET-listed energy group transitioning from coal toward gas, power, and energy technology.

Energy Absolute

Pure-play Thai renewable, EV-value-chain — solar, wind, biodiesel, EV buses, charging, battery. FY2024 THB 25-30B with 2023-2024 governance turbulence.

Indorama Ventures

World's largest PET producer, integrated polyester, specialty chemicals; FY2024 revenue ~THB 500B+; Lohia family controlled.

IRPC

Integrated refiner, petrochemical at Rayong; 215K bpd refining, olefin, aromatic, specialty polymers; FY2024 revenue ~THB 290B.

PTT Global Chemical

PTT Group downstream petrochemical arm; Map Ta Phut integrated complex, Allnex coatings; FY2024 revenue ~THB 560B.

Thailand installed pyrolysis nameplate capacity (kt per year, 2027) · Insight