PTTGC to make year end decision for JV with Indonesia's Pertamina

06-Nov-12

PTT Global Chemical (PTTGC) is likely to make a final decision by year end whether it will join Indonesia's Pertamina in investing in a petrochemical business complex, as per The Nation. PTTGC is in talks about a possible joint venture with Indonesia’s state oil-and-gas giant. The petrochemicals market in Indonesia is of significant size with an increasing number of oil and gas companies expected to make a foray after the inception of the Asean Economic Community in 2015.