Dec 24, 2012

Thai company to invest 4.5 Billion USD for petrochemicals

PTT Global Chemical Plc. (PTTGC) plans to invest 4.5 billion USD for the next 5 years (2013-2018) for new and on-going projects, including 2 downstream projects in Malaysia.

Currently PTTGC has an annual production capacity of 8.4 million tons for aromatics, olefins, and related chemicals, plus bioplastic, and selling 62% of its products to Thailand domestic market and 38% exporting.

Ref: Manager Online news

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