PTT Global Chemical (PTTGC) will sign a joint-venture agreement with Indonesia's national oil firm Pertamina to set up a petrochemical complex with an investment of around US$4-5 billion (Bt127 billion to Bt158 billion), as per The Nation. Both companies will have a 50:50 stake in this downstream-to-upstream project. They will also sign a deal to market products from the project jointly. After the deal is signed, they will seek a potential third partner for the project, and both will discuss share dilution accordingly.
12-Nov-13 
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