# SCGC and PTTGC agree terms for Thai petrochemical joint venture

SCG Chemicals and PTT Global Chemical agreed on key terms for a joint venture combining their olefins and polyolefins businesses in Thailand, valued at approximately THB 186.5 billion ($5.53 billion). PTTGC will hold 56% and SCGC 44%.

- Type: Partnership
- Announced: 2026-10-28
- Where: Thailand, Thailand
- Value: $5.53B
- 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

- [fuelsandlubes.com](https://www.fuelsandlubes.com/scgc-and-pttgc-agree-terms-for-thai-petrochemical-joint-venture/), 2026-11-05: "PTTGC will hold 56% of the venture and SCGC 44%."

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