Thai Oil Plc (TOP), Thailand's largest oil refinery by capacity, expects to make the last payment of its share purchase in PT Chandra Asri Petrochemical Tbk (CAP), Indonesia's largest petrochemical producer, early next year.
National oil and gas conglomerate PTT Group has acquired a 15.38% share in PT Chandra Asri Petrochemical Tbk (CAP), Indonesia's largest petrochemical producer, for US$1.183 billion (39.1 billion baht) to tap into the growing petrochemical market in Southeast Asia.