Petron’s acquisition of 40% stake in Petrochemical Asia opens possibility to further integrate petrochemicals business

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