Siam Cement and PTT Global Chemical Aim to Create $5.5 Billion Petrochemical JV
The companies are forming a petrochemical joint venture valued at over $5 billion, combining their olefins and polyolefins businesses.
By Kimberley KaoThailand's Siam Cement and PTT Global Chemical are forming a petrochemical joint venture valued at over $5 billion, aiming to strengthen their position in an increasingly challenging industry.The move will combine the two companies' olefins and polyolefins businesses, merging capaci…