Monday, April 06, 2009

Thai PTT Plc expresses interest in Dow's SE Asian assets

As part of Dow's restructuring plans, its joint ventures in Thailand with Siam Cement Group (Dow-SCG Group) and in Malaysia with Petronas (Optimal Group) could be divested. Thai oil and gas giant PTT Plc is reported to have shown interest in Dow Chemicals' Southeast Asian assets that could be for sale as per ICIS.

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