PTT Global Chemical and SCG Chemicals to form polyolefins joint venture

PTT Global Chemical (GC) and SCG Chemicals (SCGC) announced a partnership on October 30, 2026, to combine their olefin and polyolefin businesses into a joint venture. GC will hold a 56% stake and SCGC 44%, with the combined entity expected to rank among the world's top 10 polyolefin producers with a capacity of 7.1 million tonnes per year.

“The alliance, led by GC chief executive Narongsak Jivakanun and SCGC chief executive Sakchai Patiparnprechavud, combines their olefin and polyolefin businesses in a move designed to strengthen competitiveness.”bangkokpost.com

• 1 source
• bangkokpost.comBangkok Post - Thai polyolefins joint venture partners think bigYuthana PraiwanOct 29, 2026

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