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PTT Global Chemical
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Native name | บริษัท พีทีที โกลบอล เคมิคอล จำกัด (มหาชน) |
|---|---|
| Company type | Public |
| SET: PTTGC | |
| Industry | Petrochemical |
| Founded | October 19, 2011 |
| Headquarters | 555/1 Energy Complex Building A 14th-18th floor, Chatuchak, Bangkok, Thailand |
Key people |
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| Products |
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| Revenue |  422,973.52 M฿ (2019) |
| 11,682.08 M฿ (2019) | |
| Total assets | 452,514 M฿ (2019) |
| Parent | PTT Group |
| Website | Official website |
PTT Global Chemical (Thai: บริษัท พีทีที โกลบอล เคมิคอล จำกัด (มหาชน)), also known as PTTGC, is a petrochemical company that specializes in synthesizing olefins and aromatics. It was founded in 2011 and is a subsidiary of PTT Public Company Limited.[1]
It was listed on the top 10 Dow Jones Sustainability Indices (DJSI) for two consecutive years and is ranked 19th on the ICIS Top 100 Chemical Companies listing.[2]
PTTGC owns and operates production support facilities, such as jetty and buffer tank farm services for liquid chemical, oil and gas. Minor activities are production and distribution of electricity, water, steam and other utilities.[3]
In 2014, PTTGC Netherlands, a subsidiary of PTTGC, acquired part of French oil company Vencorex, totaling their stake in the company to 85%. This acquisition was completed to improve the production of Toluene diisocyanate (TDI) and Hexamethylene diisocyanate, along with their derivatives. These chemicals are used as feed stock in manufacturing polyurethanes, commonly used in foams and coatings for the automobile and construction industries.[4]
The company operates in 8 business areas: Group Performance Center – Refinery and 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; Performance Materials & Chemical Business Unit.[5]
- ^ "PTTGC: Who we are". www.pttgcgroup.com. Retrieved 28 November 2015.
- ^ 2019. ICIS Chemical. 19th ed. [ebook] Independent Commodity Intelligent Services, p.31. Available at: <https://s3-eu-west-1.amazonaws.com/cjp-rbi-icis/wp-content/uploads/sites/7/2019/08/30143327/Top-100.pdf> [Accessed 9 June 2020].
- ^ "PTT Global Chemical PCL". Financial Times. Retrieved 29 November 2015.
- ^ "PTT Global Chemical increases stake in French chemical firm Vencorex". Chemicals Technology. 1 September 2014. Retrieved 29 November 2015.
- ^ "Business Structure". PTTGC Corporate Website. 12 June 2020.
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