# PTT Global Chemical and SCG Chemicals explore polyolefins joint venture

PTT Global Chemical and SCG Chemicals have signed a non-binding memorandum of understanding to explore forming a strategic joint venture combining their olefins and polyolefins businesses in Thailand. The evaluation is expected to be completed by Q3 2026.

- Type: Partnership
- Announced: 2026-05-07
- Where: Thailand
- Status: announced
- Products: olefins, polyolefins, polyethylene, polypropylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [polymeric.polimerica.it](https://polymeric.polimerica.it/articolo.asp?id=853), 2026-05-07: "a combination of this scale offers a compelling opportunity to enhance operational efficiencies and strengthen value via value chain integration"

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