Companies plan monoethylene glycol plant in Thailand

Thai Olefins Co. (TOC) and Indorama Group announced a joint venture to develop a $200 million monoethylene glycol (MEG) plant on the Thai eastern seaboard. The plant, the first of its kind in Thailand, will have a 300,000-tonne/year capacity, effective in late 2003 or early 2004.

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