Siam Cement plans Thai petrochemical expansions

Cementhai Chemicals, part of Thailand's Siam Cement Group, is embarking on a $410 million investment plan to expand its petrochemical production capacities in Thailand. The investment forms part of the Thai firm's stepped-up strategy to capitalize on the recent rise in world petrochemical prices, which are expected to peak in 2003, and to become a leading Asia-Pacific chemicals producer.

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