BANGKOK Jan 27 (Reuters) - Thailand's Siam Cement said its $4.5-billion petrochemical complex in Vietnam will be delayed at least six months as it seeks a new partner to replace Qatar Petroleum, which withdrew from the project last year.
Siam Cement is also in discussions with the government of Vietnam and PetroVietnam about choosing a new partner, Chief Executive Roongrote Rangsiyopash told reporters.
Thailand's largest industrial conglomerate also aimed for sales growth of 5 percent to 10 percent in 2016, thanks to rising cement capacity in Southeast Asia, Roongrote said. (Reporting by Manunohattr Dhanananphorn and Khettiya Jittapong; Editing by Clarence Fernandez)
Thailand's largest industrial conglomerate also aimed for sales growth of 5 percent to 10 percent in 2016, thanks to rising cement capacity in Southeast Asia, Roongrote said. (Reporting by Manunohattr Dhanananphorn and Khettiya Jittapong; Editing by Clarence Fernandez)
Reuters 2016
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