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PTT Global Chemical (GC) and its subsidiary TOC Glycol signed joint venture agreements with Mitsui Chemicals to cooperate in managing Siam Mitsui PTA Co. (SMPC) and Thai PET Resin Co. (TPRC). GC and TOCGC will hold 74% of shares, Mitsui Chemicals 26%.
“This joint venture is an important step for GC's strategic direction, to diversify plastic resin portfolio.”injectionmouldingworld.com
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