PTTGC's Petrochemical Expansion Will Increase Leverage, Reduce Cash
  ISSUER COMMENT CORPORATES  AUGUST 21, 2017  What is Moody’s Credit Outlook?  Published every Monday and Thursday morning, Moody's Credit Outlook  informs our research clients of the credit implications of current events.  PTTGC’sPTT Global Chemical Public Co. is engaged in the production and distribution of ethylene, propylene polyethylene and biochemical products. Co. is also engaged in the production and distribution of electricity, water, steam and other utilities and the operation of production support facilities such as jetty and buffer tank farm services for liquid chemical, oil and gas. As Dec 31 2015, Co. operated within the following segments: refinery and shared facilities; aromatics; olefins and derivatives; EO- based performance; green chemicals; high volume specialties; and services and others.
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