Tuesday, October 18, 2011

Thai PTT Chemical plans to acquire 50% stake in NatureWorks for US$150 mln

Thailand's largest olefins maker, PTT Chemical Pcl (PTTCH) , plans to acquire a 50% stake in NatureWorks LLC, the world's largest polylactic acid (PLA) manufacturer for US$150 mln, as per Reuters. Thee acquisition is subject to regulatory approval.

For more details on Thai PTT Chemical plans to acquire 50% stake in NatureWorks for US$150 mln click here

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