PTT Global Chemical Public Company Limited
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| Public | |
| Traded as | : PTTGC |
| Industry | Oil and Petrochemical |
| Founded | 19 October 2011 |
| Headquarters | 555/1 Energy Complex Building A 14th-18th floor, Chatuchak, Bangkok, Thailand |
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Key people
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Mr.Bowon Vongsinudom President & CEO Mr. Prasert Bunsumpun, Chairman of the Board |
| Products | Petroleum, Aromatics, Olefins, Polymers, EO-Based Performance, Greenchemical, High Volume Specialties |
| Revenue |
 US$ 16.26 billion (2014) |
 US$ 421.76 million (2014) |
|
| Total assets |
US$ 11.35 billion (2014) |
| Total equity |
US$ 6.71 billion (2014) |
| Parent | PTT Group |
| Website | www |
PTT Global Chemical Public Company Limited (PTTGC) is a subsidiary of PTT Public Company Limited. It was founded on 19 October 2011 through the amalgamation of PTT Chemical Public Company Limited and PTT Aromatics and Refining Public Company Limited to be the chemical flagship of PTT Group.
PTTGC is Thailand's largest petrochemical and refining company with a capacity of producing daily 280,000 barrels of crude oil and condensate and annually 8.75 million tons of olefins and aromatics. Since the merger PTTGC benefits from reduced manufacturing cost due to the large volumes and reduced overhead cost by delivering value-added products within the downstream specialties sector under the same management umbrella.
PTTGC was listed in the Top 10 of the Dow Jones Sustainability Indices (DJSI) for two consecutive years and was ranked twenty-second among world-leading petrochemical companies on the ICIS Top 100 Chemical Companies listing. The company has seven main business lines. It focuses on investing into the expansion of specialties chemical products and green chemicals.
PTTGC also owns and operates production support facilities, such as jetty and buffer tank farm services for liquid chemical, oil and gas. Minor activities are production and distribution of electricity, water, steam and other utilities.
PTTGC produces and distributes aromatics and downstream products at two locations in Rayong, at the Map Ta Phut Industrial Estate and the RIL Industrial Estate. The total aromatics production including benzene, paraxylene, cyclohexane, orthoxylene, toluene, and mixed xylenes sums up to 2,259,000 tons per year.
PTTGC's olefins plants use natural gas and naphtha as feedstock, and are flexibile regarding raw material use. The main products are ethylene, propylene, Mixed C4 and pyrolysis gasoline.
PTTGC's refined petroleum products has a capacity of 280,000 barrels per day of crude oil and condensate intake, with various high-quality petroleum products with total capacity of 228,000 barrels per day. The products are classified in three groups:
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Wikipedia