Petronas, a Malaysian national oil company, is considering selling its two petrochemical plants to Thai plastics producer Vinythai in exchange for a stake in the company. The two petrochemical plants are a 400,000-ton/year vinyl chloride plant in northeastern Malaysia and a 100,000-ton/year PVC plant in Vietnam.
According to the plan, Vinythai, the second largest PVC manufacturer in Thailand, will issue shares to Petronas in exchange for the two petrochemical installations, but the specific stock figures are not disclosed. Vinythai is 48% owned by Belgian drug and chemical company Solvay, and Thai PTT holds 20%. Neither Petronas nor Vinythai publicly commented on the matter.
According to the plan, Vinythai, the second largest PVC manufacturer in Thailand, will issue shares to Petronas in exchange for the two petrochemical installations, but the specific stock figures are not disclosed. Vinythai is 48% owned by Belgian drug and chemical company Solvay, and Thai PTT holds 20%. Neither Petronas nor Vinythai publicly commented on the matter.
Product categories of Nutrition Porridge Machine, This production line produces convenient and delicious nutritious porridge.
We are specialized manufacturers with 15 years of extruder experience, we have the perfect after-sales service and technical support. We can provide customers with personalized Nutrition Porridge Machine equipment or complete plant layout and production lines to meet customer needs.Look forward to your cooperation!
Nutrition Porridge Machine, Automatic Nutrition Porridge Production Line, Instant Porridge Making Machine, Instant Porridge Making Machine
Jinan Chenyang Technology Co., Ltd. , https://www.cysnackfoodextruder.com