GC Polyols Co.

PTT Global Chemical, Sanyo Chemical Industries and Toyota Tsusho Corporation formed a joint venture, GC Polyols Co., to build a $900 million polyols production facility in Rayong, Thailand. The plant will have annual capacity of 130,000 tonnes of polyether polyols and 20,000 tonnes of polyurethane, with operations expected to start in the second half of 2020.