# PTTGC, Kuraray and Sumitomo form joint venture for specialty chemicals in Thailand

PTT Global Chemical, Kuraray and Sumitomo Corporation formed a joint venture, Kuraray GC Advanced Materials Co, to build a plant in Rayong, Thailand, producing PA9T and HSBC specialty chemicals. PTTGC holds 33.4%, Kuraray 53.3%, Sumitomo 13.3%.

- Type: Partnership
- Announced: 2018-07-12
- Where: Rayong, Map Ta Phut, Thailand
- Status: announced
- Capacity: 13,000 tonnes/year PA9T, 16,000 tonnes/year HSBC
- Products: polyamide-9T (PA9T), hydrogenated styrenic block copolymer (HSBC)
- 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)
- [Kuraray](https://endata.com/companies/2973.md) (partner)
- [Sumitomo Corporation](https://endata.com/companies/6281.md) (partner)

## Sources

- [bangkokpost.com](https://www.bangkokpost.com/business/general/1501818/pttgcs-hva-product-joint-venture-scheduled-for-2022), 2018-07-11: "PTT Global Chemical Plc's (PTTGC) new joint venture plant for speciality petrochemical products is set to commercially launch in early 2022 as part of efforts to boost revenue and the profit ratio generated by high value-added (HVA) products to more than 30%."

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