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THAILAND: Joint venture construction plans for proposed $1,073,000,000 aromatics and reforming...

PROJECT OVERVIEW:

A Thai joint venture is currently gearing-up to build a new aromatics and reforming complex in the country. The partners in the planned undertaking include AROMATICS (THAILAND) PLC (ATC) in which PTT PLC owns a 49.99% interest and the latter's wholly owned subsidiary RAYONG REFINERY PLC (RRC).

The total cost to complete the manufacturing base has been estimated at $1,073,000,000. In so doing, ATC will invest around $551,000,000 in the aromatics plant while RRC will invest about $387,000,000 in a reforming facility as well as another $135,

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