PTT Global Chemical Plc (PTTGC), the petrochemical arm of national oil and gas conglomerate PTT Plc, has announced an investment in UK-based startup Interface Polymers, a developer of chemical additives to improve the recyclability and performance of key polymers.
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 (PTTGC), a petrochemical arm of national oil and gas conglomerate PTT Plc, has bought a 9.18% stake in France-based chemical maker Vencorex Holding as it continues to acquire more assets that emphasise value-added products.
PTT Global Chemical (PTTGC) expects to phase out its production of polymers used for making single-use plastic bags this year as it is committed to more environmentally friendly manufacturing.
Thailand’s oil giant, whose sales account for about 10% of the nation’s economic output, is suddenly spending billions of dollars on electric vehicle and r