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Thai PTTCH sees revenue rising in 2008-2009

Sun Aug 17, 2008 11:17pm EDT

BANGKOK, Aug 18 (Reuters) - PTT Chemical PCL PTTC.BK, Thailand's largest olefins maker, said on Monday it expected revenue to rise to 99.7 billion baht ($2.95 billion) in 2008 and 120 billion baht in 2009.

PTTCH, which had sales of 77 billion baht last year, planned to invest 69.8 billion baht over the next five years to expand capacity, the company said in a statement. ($1=33.82 Baht) (Reporting by Khettiya Jittapong; Editing by Alan Raybould)



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