Showing 1 - 10 of 48
Consolidation Will Define Southeast Asia’s Petrochemical Future
Published on 30/09/2025
» Despite the post-pandemic recovery, the global petrochemical sector has failed to stabilise. Overcapacity, slowing demand growth, and intensifying competition have pushed margins to their lowest levels in more than a decade. Persistent oversupply will remain the dominant challenge through the end of this decade.
Tariffs force petrochem contraction
News, Published on 30/08/2025
» US President Donald Trump's trade wars are nudging the global plastics industry towards a painful but necessary restructuring to address acute overcapacity that has kept the industry's profits in a prolonged slump.
SCG Chemicals reopens Vietnam unit after 9-month pause
Published on 20/08/2025
» HANOI - Long Son Petrochemicals (LSP), a unit of SCG Chemicals of Thailand, has resumed full operations following a suspension since November last year, it said on Wednesday.
Adding up the list of Thai concessions
Business, Published on 02/08/2025
» Negotiations with the US that concluded with a 19% tariff on Thai exports were broadly focused on trade concessions. What did Thailand offer to secure the 19% rate?
SCGC offers digital solutions
Business, Lamonphet Apisitniran, Published on 08/07/2025
» SCG Chemicals (SCGC) plans to earn 2 billion baht over 3-5 years from its new business offering digital solutions to customers across industries that want to improve factory operations.
Thailand to offer US more trade concessions to avert 36% tariff
Published on 07/07/2025
» Thailand is making a last-ditch effort to avert a punitive 36% export levy threatened by the Trump administration with offers of greater market access for US farm and industrial goods, along with increased purchases of energy and Boeing jets.
Thailand has sent trade proposal to United States, PM says
Published on 13/05/2025
» Thailand has sent a trade proposal to the United States, Prime Minister Paetongtarn Shinawatra said on Tuesday, as the government seeks negotiations to reduce steep US tariffs.
Supply glut hits petrochemicals
Business, Published on 02/05/2025
» This year is likely to be another tough one for downstream petrochemical businesses, which serve various industries ranging from automotive and textiles to medical equipment and toys.
Thailand eyes more pet food, rice exports amid China-US standoff
Published on 28/04/2025
» Thailand is aiming to increase exports of pet food, rice and other processed food products to the US at the cost of Chinese shippers who are shut out of the prized market by a tariff wall.
Thai opposition pitches stimulus plan to cope with US tariff
Bloomberg News, Published on 24/04/2025
» Thailand's main opposition party called for an economic stimulus package to cope with the US tariff after Prime Minister Paetongtarn Shinawatra signalled that trade talks to secure relief from the levy have been stalled.