PTT Global Chemical, SCGC Plan Thai Olefins and Polyolefins Joint Venture

• PTT Global Chemical and SCG Chemicals plan to combine their Thai olefins and polyolefins businesses in a joint venture.
• GC will hold 56% and SCGC 44% through a share swap with no cash consideration.
• Expected annual synergies total US$150-200 million, with full benefits progressively realized within approximately three years.
• Combined olefins capacity will reach approximately 7,100,000 tonnes annually, placing the venture among the world's top 10 polyolefins producers by capacity.
• The venture is expected to be established in the second half of 2027, subject to shareholder and regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PTT Global Chemical pcl published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.