Friday, November 30, 2007

Siam Cement, Dow to build petrochemical plant

Siam Cement-Thailand's largest industrial conglomerate and Dow Chemical have agreed to build a petrochemical plant in Thailand at an investment outlay of US$315 mln. The plant, a 50:50 venture between the two partners, will have a capacity to produce 350,000 tpa of linear low density polyethylene (LLDPE). Commercial production is estimated in H1-2010.
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