RI buys Thai olefins

Fri, 13 Sep 1996 | Source: AFP

BANGKOK (AFP): Thailand's first export shipment of upstream petrochemicals known as olefins was being loaded on a tanker for delivery to Indonesia, the National Petrochemical Public Co. Ltd. (NPC) said yesterday.

The company had recently begun transferring 3,334 tons of ethylene gas from storage facilities for delivery to PT Penny Ltd. of Indonesia, a downstream petrochemical company, NPC said in a statement.

"In the near future, NPC plans to make similar shipments to companies in India and China," followed by exports of propylene gas, it said.

NPC is a subsidiary of the state Petroleum Authority of Thailand.

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