Mitsui Toatsu and Mitsui Co. acquire Thai producer

Journal Article · Wed Jan 20 04:00:00 EST 1993 · Chemical Week; (United States)

OSTI ID:6745800

Wood, A

Mitsui Toatsu and Mitsui Co. have taken control of Thai polystyrene producer Eternal Plastics (Bangkok), increasing their original joint holding in the group from 35% to 60%. Mitsui Toatsu plans to use the firm as a means to expand its synthetic resin operations throughout Southeast Asia and to export half its output to neighboring countries. Eternal Plastics has capacity for 30,000 m.t./year of polystyrene (PS) at Banglapee, Thailand; the group is implementing a plan to boost that capacity to 40,000 m.t./year, which would make it the country's largest producer. The company is affiliated with phthalic anhydride maker Eternal Petrochemical and Eternal Resins, which makes resins, plasticizers, and adhesives.

• OSTI ID: 6745800
• Journal Information: Chemical Week; (United States), Journal Name: Chemical Week; (United States) Vol. 152:2; ISSN CHWKA9; ISSN 0009-272X
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
ALKYLATED AROMATICS
AROMATICS
ASIA
CAPACITY
CHINA
DEVELOPING COUNTRIES
HYDROCARBONS
INDUSTRIAL PLANTS
MATERIALS
ORGANIC COMPOUNDS
ORGANIC POLYMERS
PETROCHEMICALS
PETROLEUM PRODUCTS
PLASTICS
POLYMERS
POLYOLEFINS
POLYSTYRENE
POLYVINYLS
PRODUCTION
STYRENE
SUPPLY AND DEMAND
SYNTHETIC MATERIALS
THAILAND