Bangkok–PTT Chemical Group and Sinopec have signed an agreement to examine the feasibility of an isocyanate production plant, according to the Bangkok post.
There are no details of where the companies are considering the plant. However the study will start in August 2013 and is scheduled to finish in early 2014.
PTT Chemical Group and Sinopec Group signed a memorandum of understanding on 30 July 2013. It covers, sales and marketing opportunities in China and overseas. It also includes potential investments in petrochemical projects, and exploring joint investments in China and overseas.