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SCG Chemicals and PTT Global Chemical agreed on key terms for a joint venture combining their olefins and polyolefins businesses in Thailand, valued at approximately THB 186.5 billion ($5.53 billion). PTTGC will hold 56% and SCGC 44%.
“PTTGC will hold 56% of the venture and SCGC 44%.”fuelsandlubes.com
Summarized from public sources; check the original articles before acting on it.