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NFC Fertilizer seeks link with PTT to maximise potential of Rayong terminal.
Byline: Yuthana Praiwan
May 6--NFC Fertilizer Plc will team up with either PTT Plc or its petrochemical subsidiaries to provide logistics service at the facilities owned by debt-ridden Rayong Bulk Terminal Co (RBT) at the Map Ta Phut seaport in Rayong.
The size of the investment in the planned joint venture will be determined after the business rehabilitation of RBT, a subsidiary of NFC, is completed, according to NFC chief executive Nuttaphob Rattanasuwanthawee.
However, NFC and PTT have signed a letter of intent for the project, intended to serve the third phase of petrochemical industry development, starting next year.
PTT's ...
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