ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Perstorp, PTT Form Isocyanates Venture

by Marc S. Reisch
November 28, 2011 | APPEARED IN VOLUME 89, ISSUE 48

Sweden’s Perstorp and Thailand’s PTT Global Chemical plan to launch an isocyanates joint venture. Perstorp will contribute plants in Pont-de-Claix, France, and Freeport, Texas, and hold a 49% interest. PTT will pay Perstorp $155 million for 51% of the venture. The partners say they will invest in new plants for the polyurethane raw materials. Earlier this year, PPT made a $150 million investment in polylactic acid maker NatureWorks and a $60 million investment in succinic acid maker Myriant Technologies.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment