Oman-government-owned Oman Oil Company (OOC) has signed an agreement to acquire a 3% stake in Thai Olefins Public Company Limited (TOC), Oman news agency ONA reported. TOC is one of Thailand’s major producers of ethylene, propylene and petrochemical by-products with a market cap worth over US$1.4 billion. The investment is OOC’s first in Thailand….
THAILAND: Oman Oil Company takes 3% stake in Thai petrochem player
Posted on December 16, 2004 by EnergyAsia