PTT Establishes “PTTT USA” in the U.S. to Operate an International Trading Business

PTT Public Company Limited (PTT) announced on January 16, 2020, the Board of Directors has passed a resolution to establish PTT International Trading USA Inc. (PTTT USA), a wholly owned subsidiary of PTT, in the U.S.A with an initial registered capital of USD 5,000. 

The objective of the PTTT USA’s establishment is to operate the international trading business, strengthen the national energy security as well as expand PTT trading network globally. In this regards, PTTT USA has completed its registration on April 2, 2020.