What is the significance of SCGC's naphtha shipment arriving from the Strait of Hormuz on 4 May?

SCGC received a 55,000-tonne naphtha shipment from the Strait of Hormuz that arrived at its Rayong port on 4 May — a rare and critical delivery amid the effective closure of the strait since 28 February due to Middle East conflict, which has severely disrupted naphtha supply to Asian producers and forced many to cut production or declare force majeure.

How is SCGC responding to ongoing naphtha supply constraints?

To counter tight naphtha supply, SCGC is actively seeking raw materials from alternative sources while optimizing feedstock management and production efficiency, with priority given to supporting domestic demand for plastic resins; meanwhile, a second vessel carrying 27,000 tonnes remains undeparted from the Strait of Hormuz, and its operator continues to closely monitor the situation.

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