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Thailand (369)


THAILAND

UAC Global plans to acquire Advance Polymers' assets
UAC Global (Bangkok) plans to establish a subsidiary to take over the assets of Advance Polymers & Chemicals (APC; Bangkok) for about 730.0 million baht ($22.4 million), the company announced today. APC is involved in the production and distribution of...

Siam Cement divests stake in tire manufacturing JV
Siam Cement Group (SCG; Bangkok) says that it has reached an agreement with tire manufacturer Michelin (Clermont-Ferrand, France) to divest SCG’s 10% stake in Michelin Siam Group for 2.30 billion baht ($70.6 million). The Michelin Siam Group was formed...

Indorama ends plan to acquire Turkish firm Sasa Polyester Sanayi
Indorama Ventures (Bangkok) today announced that it has pulled out of an agreement to acquire Sasa Polyester Sanayi (Adana, Turkey), a leading polyester and polyethylene terephthalate (PET) producer in Turkey. Indorama announced last April that it woulda...

Polish, Thai firms create polyol sales JV
PCC Rokita (Brzeg Dolny, Poland) says it has concluded a 50-50 joint venture agreement with IRPC Polyols (Bangkok) for the sale of polyols and polyurethane systems in China, India, and Southeast Asia. IRPC Polyols will manufacture new products based on...

Indorama to acquire another PET plant in Turkey
Indorama Ventures (Bangkok) today announced that it has reached a definitive agreement with subsidiaries of Polyplex (Gautam Buddh Nagar, India) located in Singapore and Turkey, to acquire Polyplex Resins San. ve Ticaret A.S, Turkey (Polyplex Turkey)...

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