SCGC and PTTGC agreed to merge their olefin and polyolefin assets in Thailand into a joint venture targeting closure in H2 2027, projecting annual synergies of up to 6.8 billion Thai baht through supp
Thailand’s PTT seeks LNG deals and investment stakes in the US Gulf to diversify supply chains amidst geopolitical risks. This strategy aims to increase LNG trading volumes fivefold by 2035 while expa
PTT Global Chemical plans to shift its portfolio to 30% specialty chemicals by 2030 and review 45 assets to adapt to a structural petrochemical downturn. It targets $300 million in EBITDA improvements
PTTGC fully acquired its joint venture and sealed its 180,000-ton polyol plant in Rayong due to market oversupply. The facility will be maintained for potential restart, saving costs while upstream pr
PTTGC announced a business restructuring involving the suspension of polyol production at its GCP facility in Rayong, while acquiring full ownership of the subsidiary.
PTTGC mothballed its GC Polyols facility in Rayong and acquired full ownership of the affiliate amid market adjustments. The plant has a combined annual capacity of 180,000 metric tons for various pol
SCGC and PTTGC plan a joint venture to position Thailand as a leading polyolefins producer, termed a strategic offensive by SCGC’s CEO. The company also addressed operational suspensions due to feedst
PTT plans to boost LNG trading volume from 2 million to 15 million tons by 2035 to secure energy supply as domestic reserves decline and imports rise.
Thai petrochemical giants PTTGC and SCGC signed an MOU to merge olefin and polyolefin assets in Thailand, aiming to create a regional leader. Final evaluation is expected by Q3 2026.
PTTGC and SCGC signed an MOU to explore merging their olefins and polyolefins businesses in Thailand to create a leading regional player. Evaluation concludes by Q3 2026 pending regulatory approval.
Thai state-owned energy firm PTT has increased its high-sulphur fuel oil offerings for May, tendering four cargoes totaling approximately 93,000 tons from Sriracha port, exceeding its typical monthly
PTTGC maintains full polyethylene production to ensure stable domestic supply amid global volatility. Polypropylene supply tightness was addressed by restarting its olefins unit in April.
PTTGC is implementing management measures to ensure steady operations and supply chains amid Middle East volatility, specifically addressing price fluctuations and feedstock procurement.
PTT Global Chemical warns of delivery disruptions caused by the Middle East war and is exploring alternative feedstock sources to ensure supply continuity.
PTTEP plans to invest $317.8 million to build a carbon capture and storage facility at its Arthit gas field, commencing operations in 2028. The project targets storing 1 million tonnes of CO2 annually
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