Bangkok Post Pttgc Ups Overseas Capex State owned ptt global chemical plc (pttgc) aims to boost its overseas investment portfolio to above 50% of total capital expenditure by 2030, up from 30%, to reduce its reliance on domestic oil. Ptt global chemical plc (pttgc), a petrochemical arm of national oil and gas conglomerate ptt plc, has acquired some or all of ptt's shares in six subsidiary firms worth 26.3 billion baht, says.
Bangkok Post Pttgc Keen For Value Added Acquisition Pttgc acquired allnex, a prominent maker of industrial coatings, in a buyout worth us$4.75 billion in 2021 and teamed up with us based cargill, which specialises in biopolymer manufacturing, to. State owned ptt global chemical plc (pttgc) aims to boost its overseas investment portfolio to above 50% of total capital expenditure by 2030, up from 30%, to reduce its reliance on domestic oil bangkok post state owned ptt global chemical plc (pttgc). Higher capex: pttgc has revised up its capex for 2022 to around thb32 billion (2021: thb17.4 billion), mainly to accommodate additional capex at allnex. pttgc's capex is likely to fall to around thb20 billion 25 billion a year in 2023 and 2024. pttgc continues to evaluate investment in a new us cracker project to support growth and. State owned ptt global chemical plc (pttgc) aims to boost its overseas investment portfolio to above 50% of total capital expenditure by 2030, up from 30%, to reduce its reliance on domestic oil supply and invest in lucrative foreign markets. source: business.
Comments are closed.