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Siam Cement, PTT Global Forge $5.5 Billion Petrochemical Deal
Source: Bloomberg
M&A & RestructuringCompany FundamentalsCommodities & Raw Materials
Siam Cement Pcl and PTT Global Chemical Pcl agreed to combine their Thai olefins and polyolefins businesses, valued at 187 billion baht ($5.5 billion). The companies said the combination aims to bolster their petrochemical operations amid a prolonged downturn.
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