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THAILAND: Construction plans for proposed $1,200,000,000 to $1,400,000,000 oil refinery upgrade...

PROJECT OVERVIEW:

The local THAI PETROCHEMICAL INDUSTRY PLC (TPI) recently emerged from 7 years of debt restructuring. As a result, the company is now set to propose a major development plan to its Board of Directors within the next couple of months.

Construction plans under consideration would involve: - Upgrading its existing oil refinery which currently process between 180,000 and 190,000 barrels per day (b/d) even thou the plant has an installed processing capacity of 220,000 b/d. The cost to complete the refurbishment has been estimated to range betwee

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