# SCGC and GC sign MoU to explore joint venture of olefins and polyolefins businesses in Thailand

SCG Chemicals (SCGC) and PTT Global Chemical (GC) signed a non-binding MoU on 29 April 2026 to explore forming a joint venture of their olefins and polyolefins (polyethylene and polypropylene) businesses in Thailand. The potential JV aims to strengthen Thailand's petrochemical supply chain and competitiveness.

- Type: Partnership
- Announced: 2026-04-29
- Where: Thailand, Thailand
- Status: announced
- Products: olefins, polyethylene, polypropylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [PTT Global Chemical](https://endata.com/companies/813.md) (partner)
- [SCG Chemicals](https://endata.com/companies/7171.md) (partner)

## Sources

- [asiandownstreamsummit.com](https://www.asiandownstreamsummit.com/scgc-and-gc-sign-memorandum-of-understanding-to-explore-potential-strategic-joint-venture-formation-of-olefins-and-polyolefins-businesses-in-thailand-aimed-at-securing-thailands-petrochemical-supply/), 2026-05-05: "The objective of this potential joint venture is to establish a leading petrochemical player in the region, reinforcing the global competitive advantage of Thailand's integrated infrastructure."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.