This investment of shares will drive GC's growth in the downstream business, by allowing GC to increase substantial stake in PVC and Chlor-Alkali businesses in high-growth markets as Thailand and CLMV, and by adding value to GC's olefins business.
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About products:
- PVC or Polyvinylchloride Resins
Served a variety of industries including automotive, building and construction, electricals and electronics, consumer goods, packaging, and healthcare. - Caustic Soda
Used in a wide range of applications in daily life such as pulp & paper, detergents, metallurgy, fibers and food & feeds. - Bio-based Epichlorohydrin (ECH)
ECH is primarily used as a precursor of epoxy resin serving protective coating, electronics and advanced composites industry. Bio-based ECH is produced from vegetable Glycerin as renewable raw material by using innovative and patented technology. As a result, Bio-based ECH offers downstream users environmental advantages.
About PTT Global Chemical Public Company Limited (GC)
PTT Global Chemical Public Company Limited, or GC, was registered as a public company limited on October 19, 2011, to serve as PTT Group's chemical flagship operation. GC has a combined olefins and aromatics capacity of 11.65 million tons per year together with a refining capacity of 280,000 barrels per day of crude oil and condensate. The company's core businesses consist of the Group Performance Center -- Refinery & Shared Facilities, Group Performance Center -- Aromatics, Group Performance Center -- Olefins, Polymers Business Unit, EO-Based Performance Business Unit, Green Chemicals Business Unit, Phenol Business Unit, and Performance Materials & Chemicals Unit. GC is Thailand's largest integrated petrochemical and refining business and a leading corporation in the Asia-Pacific region, both in terms of company size and product variety. GC was rated number one in the world for sustainability in the DJSI Chemicals Sector in 2019 and 2020.
For more information, please visit https://www.pttgcgroup.com/
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SOURCE PTT Global Chemical Public Company Limited
