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Oil firm takes control of Thailand refinery following Shell's exit.
Dec. 1--PTT Plc has assumed sole ownership of Rayong Refinery Co after Shell International Holding Ltd handed over 243 million shares, representing 64 percent of the total shares in the company, to PTT yesterday.
The agreement to transfer the shares was signed by PTT president Prasert Bunsumpun and Shell representative Michael Noll.
Rayong Refinery is a hydrocracking refinery with a refining capacity of 145,000 barrels per day.
Since PTT reached an agreement in principle earlier to buy the 64 percent stake held by Shell, it has pursued a debt restructuring process, under which it provided financial support of up to US$250 million in the form of ...
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...Parnsoonthorn Jun. 6--Rayong Refinery posted a modest gain...the president of Rayong Refinery, said he was satisfied...To see more of the Bangkok Post, or to subscribe...Copyright (c) 2006, Bangkok Post, Thailand Distributed...
- PTT reconsiders Rayong refinery sale.
- Newspaper article from: Knight Ridder/Tribune Business News August 17, 2004 700+ words
...Yuthana Praiwan, Bangkok Post, Thailand Knight...36 percent stake in Rayong Refinery Co (RRC). Instead...To see more of the Bangkok Post, or to subscribe...com. (c) 2004, Bangkok Post, Thailand. Distributed...
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- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 26, 2006 700+ words
...Krissana Parnsoonthorn May 26--Rayong Refinery Plc's initial public offering has...year," she said. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2006, Bangkok Post, Thailand Distributed by Knight Ridder...
- Rayong Refinery secures $630m.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) December 21, 2005 700+ words
Dec. 21--Rayong Refinery Co (RRC) entered into US$630...the future." To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2005, Bangkok Post, Thailand Distributed by Knight...
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May 19--Rayong Refinery Plc (RRC) encountered a relatively...Parnsoonthorn To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2006, Bangkok Post, Thailand Distributed by Knight...
- PTT preparing to list Rayong refinery.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 1, 2006 700+ words
...1--PTT Plc will float shares of Rayong Refinery Co (RRC) next month in line with...11 million baht. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2006, Bangkok Post, Thailand Distributed by Knight Ridder...
- Rayong Refinery Public Company Limited - Strategic Analysis Review.
- Press release article from: M2 Presswire June 29, 2009 700+ words
...June 2009-Companies and Markets: Rayong Refinery Public Company Limited - Strategic...M2 COMMUNICATIONS RDATE:29062009 Rayong Refinery Public Company Limited - Strategic...New Company and Market Analysis Rayong Refinery Public Company Limited - Strategic...
- Thailand--local oil company PTT is planning to list its Rayong refinery on the...
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THAILAND -- Local oil company PTT is planning to list its Rayong refinery on the Thailand Stock Exchange independently after talks of a possible merger with Chevron's Star refinery fell through. The...
