PTT Global Chemical Public Co Ltd - Company Profile
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PTT Global Chemical Public Co Ltd (GC) is a chemical company that manufactures and distributes upstream, intermediate, and downstream petrochemical products. Its main activities include creating polymer products, chemicals, and service solutions that cater to various industries. The company's product portfolio includes olefins, polymers, refinery, green chemicals, EO-based performance, phenol, aromatics, and specialties. GC’s refinery products comprise of light naphtha, light distillates, consisting of LPG, and reformate; consisting of jet fuel and diesel; middle distillates, and heavy distillates such as fuel oil. The company offers services such as plant maintenance, warehouse management, logistics service, utility businesses, engineering design services, pipeline infrastructural services, and others. Notable brands associated with the company are InnoPlus, DIAREX, PlastMate, and X PURGE. The company's products serve a diverse customer base across industries such as agriculture, packaging, construction, automotive, and electronics. The company has its operations in China, Malaysia, Vietnam, India, Indonesia, Japan, Germany, Singapore, the US. GC is headquartered in Bangkok, Thailand.
PTT Global Chemical Public Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Refinery Products | Jetty and Chemical Tank Farms | InnoPlus |
| Aromatics | Plant Maintenance and Engineering Design Services | DIAREX |
| Olefins | Information Technology Services | PlastMate |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Asset Disposal | In July, the company sold its Vencorex production sites for HDI derivatives in Rayong, Thailand, and Freeport, Texas, USA to Covestro, a polymer materials manufacturer. |
| 2026 | Contracts/Agreements | In June, the company and other partners signed a memorandum of understanding for the WeCYCLE project. |
| 2026 | Contracts/Agreements | In April, the company signed a non-binding memorandum of understanding with SCG Chemicals Public Company Limited to form a joint venture of their respective olefins and polyolefins (Polyethylene and Polypropylene) businesses in Thailand. |
Competitor Comparison
| Key Parameters | PTT Global Chemical Public Co Ltd | Bangchak Corporation PCL | Indorama Ventures PCL | Lotte Chemical Corp | Glow Energy Public Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Thailand | Thailand | Thailand | South Korea | Thailand |
| City | Bangkok | Bangkok | Bangkok | Seoul | Bangkok |
| State/Province | Bangkok (Krung Thep Maha Nakhon) | Bangkok (Krung Thep Maha Nakhon) | - | Seoul | Bangkok (Krung Thep Maha Nakhon) |
| No. of Employees | 10,066 | 1,384 | 28,154 | 2,741 | 800 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Narongsak Jivakanun | Director; Secretary; Chief Executive Officer | Executive Board | 2024 | 57 |
| Saroj Putthammawong | Chief Operating Officer - Value Added Products | Senior Management | 2024 | 57 |
| Nimit Suwannarat | Chairman | Non Executive Board | 2026 | 55 |
| Sakesiri Piyavej | Senior Vice President - Quality, Safety, Occupational Health and Environment | Senior Management | 2022 | 59 |
| Pornsak Mongkoltrirat | Chief Operating Officer - Center of Excellence | Senior Management | 2020 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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