IRPC earmarks Bt70 bln to invest in various projects for next four years

摘要

IRPC has earmarked Bt70 billion to invest in its Phoenix, non-Phoenix and maintenance projects from 2012 to 2016, with revenue contribution from the Phoenix projects targeted to double to 60% from about 30% currently. According to reports the Phoenix Project is aimed to make IRPC a petrochemical leader in Asia by 2014. About Bt60 bln is for Phoenix and non-Phoenix projects and the remaining Bt10 bln is for maintenance.