PTT Global Chemical Public Company Limited was founded on 19th October 2011 through the amalgamation of PTT Chemical Public Company Limited and PTT Aromatics and Refining Public Company Limited to be the chemical flagship of PTT Group.
The integration results in reaching a total Olefins and Aromatics production capacity of 9.22 million tons per year and distillation capacity of 280,000 barrels per day, making it Thailand's largest and Asia's leading integrated petrochemical and refining company.
PTT Global Chemical Public Company Limited is strengthened with its diversity of products in both Olefins and Aromatics line, which enhances its competitive advantage as well as the ability to reduce risk inherent in the petrochemical industry. A larger production scale as a result of the integration will enable the Company to leverage its significant economy of scale to reduce unit costs as well as to achieve a fully integrated production process that delivers more value-added products, especially the ability to pursue additional downstream specialties. The synergy achieved by the consolidation will also unlock greater benefits in terms of production and market optimization.
PTT Global Chemical Public Company Limited aims to positively provide stronger financial position and fully benefits to the shareholders. It is also expected to facilitate expanding business opportunities and to build confidence among investors.