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PTT Global Chemical Public Company Limited (GC) is Thailand’s flagship integrated petrochemical and refining company within the PTT Group and is listed on the Stock Exchange of Thailand (ticker: PTTGC). Headquartered in Thailand, GC operates large-scale manufacturing complexes at Map Ta Phut in Rayong and serves customers in Asia and worldwide.
The company’s portfolio spans fuels and key petrochemical feedstocks through to downstream polymers and specialties. Its products include olefins (ethylene, propylene), aromatics (paraxylene, benzene), intermediates (e.g., EO/EG, styrenics), and polymers such as polyethylene and polypropylene for packaging, automotive, construction, and consumer applications. GC has expanded into performance and specialty chemicals, notably through its acquisition of allnex, a global coating resins producer. It also participates in bio-based materials via NatureWorks, a leading polylactic acid (PLA) producer.
GC’s strategy emphasizes integration, operational reliability, and sustainability initiatives, including plastics circularity and advanced recycling efforts; examples include its PET/HDPE recycling joint venture in Rayong. The company has announced long-term decarbonization targets and pursues efficiency and emissions reductions across its operations while maintaining a diversified international footprint through subsidiaries and joint ventures in Asia, Europe, and the United States.
Also known as PTT Global Chemical, PTTGC, and บริษัท พีทีที โกลบอล เคมิคอล จำกัด (มหาชน).
chemXplore tracks 4 projects involving GC, of which 2 are active.
GC's role on them: Owner and Investor / Financier.
1 new construction and 1 expansion.
Licensors are recorded on all 2 of them For subscribers
Targeting: Ethane (1)
Recognized for over 3,400 accident‑free days, 15 years without Tier 1/2 PSEs, and extensive digital and community emergency systems.
Q2 adjusted EBITDA THB 26.932bn; ethane imports from the US due 2029; portfolio shift to 70:30 specialty by 2030; USD 300m EBITDA uplift target by 2030.
Reinforces integrated petrochemical core, starts ethane imports in 2029, shifts toward higher‑value Specialty and Green & Bio, and expands Map Ta Phut as a regional hub.
Patent for improved muconic acid commercialized; collaboration with Toray advanced bio-based adipic acid and pre-commercial Bio‑Nylon 6,6, supporting circular economy.
Turning agricultural residues into bio‑based chemicals; trialled at 50,000‑L fermentation scale; pilot‑scale bio muconic and adipic acid targeted by 2028; pathway to 100% bio‑based nylon 6,6 and expanded market access.
Awarded IFR Asia's Thailand Capital Markets Deal for a $1.1bn subordinated hybrid debenture (5.25- & 10-yr), 8x demand; boosts financial flexibility and supports low-carbon growth strategy.
Cassava pulp was converted to bio-muconic, then bio-adipic acid and 100% bio-based nylon 66. Pilot saccharification, fermentation, refinement and lab polymerization.
Q1 revenue THB 146,936m; net profit THB 3,232m. Operations sustained via feedstock flexibility and supply‑chain continuity. Pivoting to specialty chemicals, bioplastics and recycled plastics.
By country, the most active first. active / all projects