7 articles
PTT Global Chemical and SCG Chemicals plan to merge their olefins and polyolefins operations into a joint venture, targeting finalization of key terms by October 2026 subject to regulatory approval.
S&P Global Ratings upgraded PTT Global Chemical's outlook to positive, citing expected earnings growth and lower feedstock costs. The company is also studying a joint venture with SCG Chemicals to con
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
SCG Chemicals confirmed its Vietnam LSP ethane project targets a second-half 2027 startup, securing US feedstock to mitigate supply risks. Additionally, the planned merger with PTT Global Chemicals is
Covestro has completed the acquisition of Vencorex’s HDI derivative production facilities in Thailand and the US from PTT Global Chemical. The deal strengthens Covestro’s regional supply capabilities
SCG’s Long Son Petrochemicals ethane project is 54% complete with startup targeted for late 2027, amid ongoing feedstock shortages from Middle East tensions. Meanwhile, SCG Chemicals and PTT Global Ch
PTT Global Chemical warns of delivery disruptions caused by the Middle East war and is exploring alternative feedstock sources to ensure supply continuity.
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