SCGC and PTTGC agree terms for Thai petrochemical joint venture

SCG Chemicals Public Company Limited (SCGC) and PTT Global Chemical Public Company Limited (PTTGC) have agreed on key terms for a joint venture that would combine their olefins and polyolefins businesses in Thailand, according to filings the two groups made to the Stock Exchange of Thailand (SET) on October 28. The Siam Cement Public Company Limited (SCC), SCGC’s parent, said the companies have agreed on their shareholding structure, transaction structure and quantified synergies. It…

The post SCGC and PTTGC agree terms for Thai petrochemical joint venture appeared first on F&L Asia.