Siam Cement and PTT Global Chemical form $5.5B petrochemical JV

Siam Cement (SCC) and PTT Global Chemical (PTTGC) agreed to merge their olefins and polyolefins units into a 186.5 billion baht ($5.5 billion) joint venture. PTTGC will hold 56% and SCGC 44%.

“The consolidation creates a unified petrochemical giant designed to weather a prolonged industry downturn and optimize domestic production.”factlen.com

• 1 source
• factlen.comSiam Cement and PTT Global Chemical Forge $5.5 Billion…Andre FigueiraOct 29, 2026

Summarized from public sources; check the original articles before acting on it.