Thailand's PTT Group and Siam Cement Group will establish a joint venture to manufacture commodity-grade plastics, creating one of Southeast Asia's largest producers in the sector. The companies announced the deal on Thursday.
The combination of PTT Group and Siam Cement Group's polyolefin plastics units will create one of Southeast Asia's largest producers in the sector, positioning it among the top 10 globally.
Trading stocks, CFDs, spread betting, futures, and options involves a high level of risk and may not be suitable for all investors. Prices can move rapidly, and losses can occur quickly and exceed your expectations.
Thailand's PTT Group and Siam Cement Group will establish a joint venture to manufacture commodity-grade plastics, creating what will be one of Southeast Asia's largest producers in the sector. The companies announced the deal on Thursday. The joint venture is expected to rank among the world's top 10 producers of polyolefin plastics.
Pick the topics you care about. Get only what matters, on your cadence.
