01/31/2014

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INDONESIA: Mitsui transfers PTA JV shares to BP

Mitsui Chemicals explained that the share transfer is part of its effort to restructure its PTA operations under the current difficult business environment. Terms of the transfer were not disclosed.

Source: Weekly "PetroChemical News", Durham, NC, USA; 6 Jan 2014

(Syed Rashid Ali, Karachi, Pakistan)

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