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PTT Chemical Reports Rise in Profits and Sales

4:05 AM MST | November 28, 2011 | Deepti Ramesh

The former PTT Chemical (Bangkok) reported profits of baht19.15 billion ($612 million) for the period January 1, 2011 to October 18, 2011, compared with profits of baht10.68 billion for the full year 2010. PTT Chemical reported sales of baht118.38 billion for the January 1, 2011 to October 18, 2011 period, compared with sales of baht103.24 billion for the full year 2010. PTT Chemical, and PTT Aromatics and Refining--each company an affiliate of energy firm PTT (Bangkok)--completed their merger on October 19, 2011, to create PTT Global Chemical (Bangkok), which is...

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