# GC to acquire 41.5% stake in Dynachisso Thai for PP compound business

PTT Global Chemical (GC) signed a shareholders agreement with Dynachem to hold a 41.5% share in Dynachisso Thai Co., Ltd. (DYCT) to advance the PP compound engineering plastic business. DYCT has an installed capacity of 30,000 tons per year in Chonburi, Thailand.

- Type: Acquisition
- Announced: 2020-07-07
- Where: Chonburi Province, Thailand
- Status: announced
- Capacity: 30,000 tons per year
- Products: PP compounds, engineering plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [PTT Global Chemical](https://endata.com/companies/813.md) (acquirer)
- [Dynachem (Hong Kong)](https://endata.com/companies/46543.md) (partner)
- [Dynachisso Thai](https://endata.com/companies/46544.md) (target)

## Sources

- [pttgcgroup.com](https://www.pttgcgroup.com/en/newsroom/news/584/gc-joins-with-dynachem-through-a-415-holding-in-dynachisso-thai-to-advance-the-pp-compound-engineering-plastic-business), 2020-07-07: "GC joins with Dynachem, through a 41.5% holding in 'Dynachisso Thai,' to advance the PP compound engineering plastic business."

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