IHS Chemical Week

Markets :: Plastics :: Polyvinyl chloride

Petronas Ups Stake in Vietnam JV

2:21 PM MDT | July 31, 2007 | Chemical Week Editorial Staff

Petronas (Kuala Lumpur) says it has agreed to acquire PetroVietnam’s (Hanoi) 43% stake in polyvinyl chloride (PVC) producer Phu My Plastics for an undisclosed amount. The deal increases Petronas’s stake in Phu My to 93%. The other shareholder is Tramatsuco (Vung Tau, Vietnam). Phu My operates a 100,000-m.t./year PVC plant at Tan Thanh...

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