Oil refiner Petron Corp. has acquired, for an undisclosed amount, 40% stake in Petrochemical Asia (HK) Ltd. (PAHL), with an option to raise its interest to 51%. PAHL is the parent firm of Philippine PPolypropylene Inc.
For more details on Petron’s acquisition of 40% stake in Petrochemical Asia opens possibility to further integrate petrochemicals business click here
Wednesday, July 14, 2010
Petron’s acquisition of 40% stake in Petrochemical Asia opens possibility to further integrate petrochemicals business
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