IHS Chemical Week

PTT Global Chemical reports rise in profits and sales

1:28 PM MST | February 15, 2013

PTT Global Chemical (Bangkok), Thailand’s largest integrated petrochemical and refining company, reports a 13.2% increase in net profits for 2012 compared with 2011, to 34 billion baht ($1.14 billion). Full-year sales increased 12.5%, to baht562.8 billion. The former PTT Chemical, together with PTT Aromatics and Refining—each company an affiliate of energy firm PTT (Bangkok)—completed their merger in October 2011 to create PTT Global Chemical. In the fourth quarter of 2012, PTT Global Chemical reported net profits of baht10.38 billion and sales of...

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