Regions :: Southeast Asia :: Thailand
SCG Chemicals increases stake in Bangkok Synthetics
7:14 AM MST | November 18, 2013 | Deepti Ramesh
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), has signed a share purchase agreement with NSL Chemicals (Singapore), to buy the entire stake in NSL Chemicals Thailand for 8.02 billion baht ($255 million), SCG says. NSL Thailand holds a 22.83% stake in petrochemicals producer Bangkok Synthetics (BST). With the acquisition of NSL Chemicals Thailand, SCG Chemicals increases its stake in BST from 26.01% to 48.84%, SCG says. The manufacturing complex of BST is located at the Map Ta Phut industrial estate. BST mainly produces butadiene and...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee