Tough competition has forced British Oxygen Company Ltd (BOC) Ð the only foreign investor in the Thai cooking gas market Ð to withdraw, selling its Unique Gas and Petrochemical Plc to Siam Gas Industries Co for 2.17 billion baht (US$1=39 baht), the Bangkok Post reported. With the acquisition, Siam Gas will double production capacity…
THAILAND: BOC sells Unique Gas to Siam Gas for US$56m
Posted on December 31, 2004 by EnergyAsia