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PTT Global Chemical (GC) and SCG Chemicals (SCGC) announced plans to combine their olefins and polyolefins businesses in Thailand via a joint venture, with GC holding 56% and SCGC 44%. The venture will have a combined olefins capacity of 7.1 million tons per year and aims to rank among the world's top 10 polyolefins producers.
“The aim is to create a larger, stronger business that supports the growth of downstream industries in Thailand while enhancing the industry’s long-term resilience.”adsalecprj.com
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