TPI gets green light to bid for partners

TPI gets green light to bid for partners
Published: 21 May 2004

Bangkok Bank Plc (BBL), in its capacity as a creditor of the Thai Petrochemical Industry Plc (TPI), said it has no objections to a plan to bring in PTT Plc (PTT) and Siam Cement Plc (SCC) as TPI¹s partners, should the plan win the endorsement from the plan¹s administrators.  ³My personal view is that the ideal partners for TPI should be the ones with expertise in the energy and petrochemical industries,² BBL¹s executive chairman Kosit Panpiemras said.