PETROCHEMICALS
RPC faces B13bn loss as PTT withholds raw material
- Published: 23/02/2012 at 02:35 AM
- Newspaper section: Business
Rayong Purifier Plc (RPC), a maker of fuel oil and petrochemical products, says it could lose 13 billion baht in revenue if its condensate residue factory remains closed after PTT's move to quit supplying raw material to the company.
PTT stopped providing raw material on Jan 31 in order to produce its own oil, causing RPC's factory to shut down and leaving more than 300 workers out of a job.
Some 80 RPC oil stations and 700-800 retailers have also been affected.
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About the author
- Writer: Nanchanok Wongsamuth
- Position: News Reporter
