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.

Indorama Ventures' Indovida unit, Suntory, Suntory PepsiCo Beverage Thailand and Iwatani formed a partnership bringing Flake-to-Preform direct recycling technology to Thailand through a joint venture. The venture is expected to produce preforms equivalent to about 400 million bottles annually, supplied to Suntory PepsiCo from 2028.

Indorama Ventures, Suntory Holdings, Suntory PepsiCo Beverage Thailand and Iwatani will develop commercial-scale circular PET packaging in Thailand via the Indovida venture, using flake-to-preform recycling technology. Output is expected to be about 400 million bottles' worth of preforms a year from 2028.

Kao Industrial (Thailand), SCG Chemicals and Dow Thailand signed a memorandum of understanding in Bangkok to jointly develop recyclable, lower-carbon packaging for Kao's product range in Thailand.

Starflex PCL and Thai Union Graphic signed an MOU for a joint venture with registered capital of THB 250 million, with Starflex holding 51% and Thai Union Graphic 49%, initially to build a factory producing flexible packaging mainly for food.

Electronics For Imaging and Thai Containers Group, a subsidiary of SCG's packaging business, announced a digital printing partnership in which TCG purchased an EFI Nozomi C18000 inkjet corrugated packaging press. It will be the first EFI Nozomi installation in Asia.