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PTT Plans Major Petrochemical Investments

6:13 AM MDT | July 22, 2011 | Deepti Ramesh

Energy company PTT (Bangkok) plans to invest a total of $100 billion over the next 10 years in its various businesses, reports say. This includes an investment of baht200 billion ($6.6 billion) over the next five years in the company’s petrochemical and refinery businesses. Further details of these investments were not disclosed. PTT will submit its investment plan to its executive board this month, and the plan involves a total investment of baht1 trillion in the next five years. PTT aims to increase its total sales to baht4 trillion in the next five years...

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