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Thailand's Tipco Asphalt Public Co plans to invest in an asphalt plant in China.
It said the project was in 'the initial stage of negotiation, and no action has so far been taken'.
The Nation daily reported Tipco Asphalt was discussing plans for a US$600 million asphalt production facility and transport project with the Chinese Government.
The report, which said Tipco Asphalt chairman Prasit Supsakorn was in China this week for talks with government officials, added the plant would produce five million tonnes of asphalt a year.
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