IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, is preparing to buy new assets in the speciality polymer manufacturing segment as it steps up efforts to earn more revenue from high-margin products.
The company plans to announce the purchases in the second half of this year.
IRPC is projected to spend a budget worth 50-60 billion baht, which is allocated for use between 2022 and 2026.