Home / Knowledge / News / Textiles / PTT Global announces H1 dividend of Baht 1.37/share
PTT Global announces H1 dividend of Baht 1.37/share
18
Aug '14
For the first half of 2014, Thailand-based PTT Global Chemical Company has announced a dividend of Baht 1.37 per share to existing shareholders.

The dividend payout amounts to Baht 6,191 million or 50 percent of the net profits for the period January to June 2014.

The dividend will be paid on September 12 to those shareholders of record on August 29, 2014.

Just last week, PTT Global Chemical Pcl said it is seeking a partner to expand the crude processing capacity of its planned joint petrochemical project with Indonesian state oil and gas firm Pertamina.

PTT Global plans to triple the crude processing project capacity to 360,000 barrels a day (bpd), which would boost the estimated investment in the complex to around $8 billion from the $5 billion announced earlier.

PTT Global Chemical Public Company Limited was founded in October 2011 through the merger of PTT Chemical Public Company Limited and PTT Aromatics and Refining Public Company Limited.

The merger resulted in reaching a total Olefins and Aromatics production capacity of 8.72 million tons per year and petroleum production capacity of 280,000 barrels per day, making it Thailand’s largest integrated petrochemical and refining company.

Fibre2fashion News Desk - India


Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Top executives
Textile industry

It will take some time for the people to change their buying choices

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search