At a time when refiners have cut their run rates amid weak refining margins in the face of a supply glut, Thai Oil plans to run its 275,000 bpd refinery at full capacity in 2010 to produce feedstock for its paraxylene plant. Also the refiner has already signed contracts with PTT to supply oil products. The paraxylene plant uses feedstock from the refinery. As a subsidiary of the PTT group, Thaioil is also preparing for a possible merger with other oil and petrochemical companies of PTT, in order to maximise benefits and reduce costs.
28-Oct-09 
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