PTT clarifies status of foreign investment talks
PTT clarified ongoing foreign investment talks for its refining and petrochemical units aim to boost competitiveness without definitive agreements yet. Earlier, affiliates PTTGC and SCGC explored a jo
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PTT clarified ongoing foreign investment talks for its refining and petrochemical units aim to boost competitiveness without definitive agreements yet. Earlier, affiliates PTTGC and SCGC explored a jo
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
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 plan to merge their olefin and polyolefin businesses in Thailand via a proposed joint venture. The deal includes crackers and PE, PP plants aimed at creating a leading regional petroche
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.
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.