PTT Chemical Buys Stake in Myriant

Thailand's PTT Chemical (Bangkok), a major petrochemical producer, has purchased an equity stake in biochemcials firm Myriant (Quincy, MA) worth $60 million, the companies announced today. The companies have also agreed to form a joint venture to deploy Myriant's technologies in Southeast Asia. Myriant is currently constructing a 30 million lbs/year biosuccinic acid plant at Lake Providence, LA "PTT Chemical Group invested $60 million in Myriant and will further collaborate with them in the research and development for green chemicals," says Veerasak...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers