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Exclusive: PTTGC mulls cracker in US, advances in Indonesia, pulls out of Malaysian JV
11:38 AM MDT | May 22, 2014 | Natasha Alperowicz in Bangkok
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest chemicals player, is studying plans for a possible cracker and derivatives project in the United States and is advancing with a previously announced, $4–5 billion petrochemicals joint venture in Indonesia. However, the company will not pursue plans for a jv with Petronas as part of the $20-billion Refinery and Petrochemical Integrated Development (Rapid) project at Pengerang, Johor State, Malaysia. Bowon Vongsinudom, president and CEO of PTTGC, in an exclusive interview with CW at Bangkok...
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