TPI Polene Public Company, a distinguished entity within Thailand's dynamic petrochemical sector, has strategically unveiled its plan to temporarily cease the production of ethylene vinyl acetate (EVA) at its LDPE/EVA plant located in Map Ta Phut, Rayong Province, Thailand. This temporary operational pause is slated for the first quarter of 2024 and is specifically designated for essential maintenance activities. The production line affected by this strategic decision, boasting an impressive annual capacity of 158 thousand tons of EVA/LDPE, is expected to undergo approximately one week of carefully planned repair work.

The genesis of this strategic decision lies in TPI Polene's steadfast commitment to ensuring the operational efficiency and prolonged functionality of its LDPE/EVA plant. The earmarked period for scheduled maintenance stands as a critical component in the company's proactive approach to guaranteeing the sustained optimal performance of the production line. This deliberate step also serves the purpose of pre-emptively addressing any potential issues that might adversely impact the overall production capabilities.

As previously communicated, TPI Polene Public Company successfully recommenced EVA production at the LDPE/EVA plant in Map Ta Phut, Rayong Province, Thailand, on October 20, 2022. During the interim period from October 1 to October 20, the company strategically shifted its focus to the production of low-density polyethylene (LDPE) at the facility, showcasing adaptability in its operational strategy.

TPI Polene, deeply ingrained in Thailand's industrial landscape, specializes in the production of HDPE and EVA. The company's pivotal role in the petrochemical sector encompasses the manufacturing of these essential materials, both of which find wide-ranging applications across a diverse spectrum of industries.

As a pivotal player in Thailand's vibrant petrochemical industry, TPI Polene wields significant influence over the global supply chain for EVA. The impending maintenance period, scheduled for the first quarter of 2024, is poised to make meaningful contributions toward the sustainable and uninterrupted production of this critical ethylene copolymer. The global significance of EVA, evident in its diverse applications across industries, underscores the importance of TPI Polene's role in ensuring a steady and reliable supply.

TPI Polene's proactive decision to temporarily suspend EVA production for scheduled maintenance in the first quarter of 2024 serves as a resounding testament to the company's unwavering commitment to operational excellence. The meticulous and strategic approach to undertaking scheduled maintenance activities underscores TPI Polene's dedication to ensuring the sustained reliability and efficiency of its production facilities.

As industries continue to evolve and demand for essential materials such as LDPE and EVA remains robust, TPI Polene's role in the petrochemical sector becomes increasingly pivotal. By consistently demonstrating adaptability, commitment to maintenance, and global impact, TPI Polene Public Company solidifies its position as a leader in Thailand's petrochemical landscape and a key contributor to the global supply chain.