Thailand’s SCGC and GC plan olefins and polyolefins joint venture

SCGC and PTT Global Chemical plan to merge their Thailand olefins and polyolefins businesses, targeting a top-10 global polyolefins rank by capacity.
The venture will have about 7.1 million tonnes per year of olefins capacity and $150–200 million in annual synergies.
GC will hold 56 per cent and SCGC 44 per cent via a no-cash share swap; establishment is targeted for the second half of 2027.Read More