GC and SCGC advance talks on petrochemical joint venture

PTT Global Chemical (GC) and SCG Chemicals (SCGC) are in confirmatory due diligence for a potential joint venture combining their olefins and polyolefins businesses in Thailand. Key terms are expected to be finalized by October 2026.

“The Potential Joint Venture represents an important strategic step toward establishing a leading petrochemical player in the region and strengthening Thailand’s competitive advantage.”pttgcgroup.com

• 1 source
• pttgcgroup.comGC and SCGC Update Progress on Potential Strategic Joint Venture, Moving Discussions Forward on Key Transaction Terms and Parameters Expected to Be Finalized by October 2026 | PTT Global ChemicalSep 30, 2026

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