BANGKOK (AFX-ASIA) – PTT Plc has decided against merging chemical unit National Petrochemical (NPC) and Thai Olefins (TOC), planning instead to build up TOC as a core business, PTT vice-president Pichai Chunhavachira said. “PTT plans to invest more in TOC and wants it to become a core business for PTT in the future. Merging would…
THAILAND: PTT to boost stake in olefins unit TOC after NPC merger falls through (MEMBER’S ONLY
Posted on December 10, 2002 by EnergyAsia