MR. PRASONG INTARANONGPAI, Senior Executive Vice President, Downstream Business Group Alignment of PTT Public Company Limited had participated the Thai-Saudi Investment Forum at the Royal Orchid Sheraton Hotel which H.E. Mr. Don Pramudwinai, Deputy Prime Minister and Minister of Foreign Affairs of the Kingdom of Thailand and His Excellency Mr. Khalid Abdulaziz Al-Falih, Minister of Investment of the Kingdom of Saudi Arabia honored to presided over the opening ceremony.
Also, There was a Memorandum of Understanding (MoU) Exchange Ceremony which been held between the private sector of Thailand and the government of Saudi Arabia including the MoU between PTT and Ministry of Investment of Saudi Arabia (MISA) which provide an opportunity for PTT Group to seek potential business opportunities in expanding petrochemical business capabilities to Saudi Arabia, following the success of national relationship restoration between the two countries in the past decades.
Deal unlocks new market opportunities and advances Aramco's global Downstream expansion Aramco, one of the world's leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusci?n SpA ("Esmax") from Southern Cross Group, a Latin America-focused private equity company. The transaction is subject to certain customary conditions, including regulatory approvals. Esmax is a leading diversified downstream fuels and lubricants retailer in Chile. Its
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