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The negative outlook reflects the uncertainty over the company's pace of deleveraging and debt reduction amid challenging market conditions in the petrochemical sector
The Thai baht rally will help reverse a slump in its market for initial public offerings and provide fire-power for overseas acquisitions by Thai companies, according to JPMorgan Chase & Co.
PTT Global Chemical Plc (PTTGC), the petrochemical arm of national oil and gas conglomerate PTT Plc, is maintaining its sales growth target of 7%, thanks to additional production capacity, including that from two newly acquired assets.
PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical producer by capacity, has announced its commitment to cut greenhouse gas emissions by 20% within 2030 in a move to help the government fight climate change.