Thai Oil Co and PTT Plc may negotiate share swaps with Japanese partner Mitsubishi Oil Corporation in two affiliated companies as a way to deal with mounting financial problems at the two affiliates, Thai Paraxylene Co and Thai Lube Base Thai Paraxylene Co is 17%-owned by Thai Oil, 34% by PTT and 49% by Mitsubishi…

This article is for Subscriber members only.
Register
Already a member? Log in here