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Thailand (396)


PTT Global Chemical increases stake in PTT Polymer Marketing
PTT Global Chemical (PTTGC; Bangkok) says that it has acquired an additional 25% stake in PTT Polymer Marketing Co. (PTTPM; Bangkok) from IRPC Public Co. (Bangkok) for 250 million baht ($7.4 million). PTTPM was founded in 2005 as a polymer marketing arm of...

PTTGC to build PO-polyols complex in Thailand, details US ethane cracker plans
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest and one of Asia’s fastest-growing petrochemical players, tells CW that it will invest about $1 billion in a propylene oxide (PO)–polyols complex in Thailand. The company has also...

Kaneka to build silyl-terminated polymer plant and modifier production facility in Malaysia
Kaneka Corp. (Osaka, Japan) says that it will build a new plant for silyl-terminated polymers sold under the brand name Kaneka MS Polymer, and an additional production facility to produce the Kane Ace modifiers at the site of its Kaneka Malaysia subsidiary...

Indorama reports fall in profits, completes acquisition of PET producer in Thailand
Indorama Ventures (Bangkok) reports a 24% fall in profits for the first quarter of 2015 compared with the first quarter of 2014, to 339 million baht ($10.1 million). First-quarter sales decreased 13%, to baht53.7 billion. Indorama today also announced that it...

Petronas Chemicals reports fall in quarterly profits
Petronas Chemicals (Kuala Lumpur) reports a 20% fall in profits for the first quarter of 2015 compared with the first quarter of 2014, to 672 million ringgit ($173.8 million) mainly because of lower product margins, the company says. First-quarter sales...

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