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Thai petrochemical giant diversifies into plant-based protein

PTT taps growing 'food for future' market with NR Instant Produce tie up

PTT is joining the global carbon-neutral push by investing in life science businesses.   © Reuters

BANGKOK -- Thai oil and gas conglomerate PTT Group has started a plant-based protein business in a bid to diversify while aligning itself with global carbon-neutral goals.

The company recently partnered with compatriot NR Instant Produce, a leading food manufacturer, to make alternative protein for what it calls "food for the future," including soy meat.

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