# 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.

- Type: Partnership
- Announced: 2026-09-30
- Where: Thailand
- Status: announced
- Products: olefins, polyolefins, 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

- [pttgcgroup.com](https://www.pttgcgroup.com/en/newsroom/news/1761/gc-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), 2026-09-30: "The Potential Joint Venture represents an important strategic step toward establishing a leading petrochemical player in the region and strengthening Thailand’s competitive advantage."

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