News Detail

Date/Time
25 Jan 2017 18:16:00
Headline
Joint venture to invest in plastic packaging manufacturing plant in the Republic of the Union of Myanmar
Symbol
PTTGC
Source
PTTGC
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                (-Translation-)

January 25, 2017
Subject:    Joint venture to invest in plastic packaging manufacturing plant in the
 Republic of the Union of Myanmar
To:    The President, The Stock Exchange of Thailand
PTT Global Chemical Public Company Limited ("PTTGC") would like to inform that 
Solution Creation Company Limited ("SUN"), a wholly owned subsidiary of PTTGC,
to sign joint venture agreement with S.P. PETPACK Company Limited ("S.P.
PETPACK"), a leading plastic packaging manufacturer in Thailand and ASEAN who
produces a high quality plastic packaging containers.  In this joint venture,
SUN will hold 25% share, an investment of approximately 50 million baht, of S.P.
PETPACK INTER GROUP (THAI) Company Limited, a subsidiary of S.P. PETPACK, to
jointly expand investment in building plastic packaging manufacturing plant and
develop packaging market in the Republic of the Union of Myanmar. This project
follows PTTGC's strategic direction to expand into CLMV market.
  
This announcement is made pursuant to the rules, conditions and procedures 
governing the disclosure of information and other acts of a listed company by
the Stock Exchange of Thailand.

Please be informed accordingly
Sincerely Yours,



(Mr. Supattanapong Punmeechaow)
President & Chief Executive Officer
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer 
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases.  In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.