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2008-07-24 15:00:57

By Yuthana Praiwan, Bangkok Post, Thailand Jul. 24--PTT Chemical (PTTCH), Asean's leading petrochemical producer, has acquired a 50 percent stake in the world's largest producer of oleochemicals in a deal worth 104 million. The wholly owned subsidiary PTT Chemical International Private entered into the share purchase agreement with Cognis BV, a wholly owned subsidiary of the German-based chemical company that was the former shareholder of Cognis Oleochemicals. "Our investment in...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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