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Byline: Yuthana Praiwan
Aug. 2--National Petrochemical Plc (NPC), the country's largest chemical firm, expects its operating costs will be highly competitive in the Asia-Pacific region when its US$110-million new downstream petrochemical plant begins production in two years.
President Viroj Mavichak said the new production unit would give the company an advantage in terms of variable costs such as raw materials, and fixed costs such as management and debts.
With the downstream plant, NPC would become one of the country's few companies providing comprehensive petrochemical production services in the region.
Average prices of olefins, an ...