Thai Oil Plc (TOP), Thailand's largest oil refining company by capacity, is looking forward to making investments in India and Vietnam, after Indonesia, where it is scheduled to conclude a petrochemical asset purchase deal early next year.
The investments in the three countries involve oil refinery, lube oil and high-value petrochemical products.
TOP expects bright prospects from business expansion into these countries. In Vietnam, it has facilities such as warehouses in the northern and southern regions, while the company signed a memorandum of understanding in India with a local company to jointly seek new business opportunities.
