Wednesday, December 15, 2010

PTT mulls hike stake in refinery and petrochemical affiliate IRPC Plc to 50%

Thailand’s oil conglomerate PTT Plc is poised to raise its stake in refinery and petrochemical affiliate IRPC Plc to 50% from 36.1%. Prospects are brighter for IRPC's performance given growing demand for polymer products in Asia.

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