PTT Global Chemical Public Company
PTT Global Chemical Public Company Limited, established on October 19, 2011, through the merger of PTT Chemical and PTT Aromatics and Refining, serves as the chemical flagship of the PTT Group. It stands as Thailand's largest and Asia's leading integrated petrochemical and refining company, boasting a total production capacity of 8.72 million tons per year for Olefins and Aromatics, alongside a petroleum production capacity of 280,000 barrels per day. The company operates across several segments, including Upstream (Refinery, Aromatics, Olefins), Intermediates, Polymers and Chemicals, Bio and Circularity, and Performance Chemicals. PTT Global Chemical generates significant revenue primarily in Thailand, with additional income from markets such as Singapore, Vietnam, India, and Germany. The integration has enhanced the company's competitive edge and risk reduction capabilities, enabling it to achieve economies of scale and an integrated production process that focuses on value-added products, including downstream specialties. The company aims to enhance its financial position and create opportunities for growth, instilling confidence among investors.
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Past deals in Chemical
Allnex
Acquisition in 2021
Allnex specializes in the production of resins and additives for various coatings and inks applications. With a global presence and extensive product portfolio, Allnex caters to architectural, industrial, protective, automotive, and special purpose markets. Their offerings include liquid resins and additives, radiation-cured products, powder coating resins, and crosslinkers, serving diverse surfaces such as wood, metal, plastic, and others.
GC Innovation America
Venture Round in 2011
GC Innovation America manufactures environment-friendly biochemicals for global commercialization. Its chemicals are made from a renewable feedstock which serves as an alternative to petroleum-based products as well as includes bio-succinic acid and derivatives that are designed to integrate seamlessly into existing chemical-production processes, enabling clients to produce chemicals that are not harmful to the environment and promote sustainable development.
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