PTT in joint venture for air-separation units
PTT Plc has signed a contract with Bangkok Industrial Gas Co Ltd to jointly develop a Bt1.5-billion facility for the production of air-separation units, worth Bt1.5 billion.
Chansin Treenuchagron, PTT president and chief executive officer, said the project will be located at Map Ta Phut Industrial Estate, Rayong province. The plant, scgeduled for opearion in 2021, will have an annual production capacity of 450,000 tonnes.
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