PTT Plc has penetrated China's lubricant market, expecting to sell 2 million litres of the product in the market in the first year.
Prajya Phinyawat, COO for downstream petrochemical business, recently represented the company in signing the distribution contract with Topship Chemical Co Ltd. After the contract ends in 2011, the company expects to sell 5 million liltres per annum in the market.PTT has so far exported the product to the Philippines, Laos, Cambodia, Vietnam, Greece, Pakistan, Nigeria, New Zealand, Taiwan and Burma.
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