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Search Result for “ethylene cracker”

Showing 1 - 10 of 29

BUSINESS

Petrochemical slide expected to persist

Business, Yuthana Praiwan, Published on 08/08/2025

» The downturn in the petrochemical industry is expected to continue until 2027, when it will begin to recover, according to analysts.

BUSINESS

PTT Global Chemical prepares cost-cutting measures worth B4.5bn

Business, Yuthana Praiwan, Published on 04/03/2025

» SET-listed PTT Global Chemical (GC) aims to shift from red to black this year by continuing its cost reduction plan amid the sluggish global petrochemical industry.

BUSINESS

PTT expects uptick next year

Business, Yuthana Praiwan, Published on 03/12/2024

» National oil and gas conglomerate PTT Plc expects a better business performance next year thanks to higher energy demand and an improving Thai economy, though energy prices are likely to decline.

BUSINESS

PTTGC invests in British startup Interface Polymers

Business, Yuthana Praiwan, Published on 10/05/2023

» 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.

BUSINESS

Thai Oil allots $1 billion for expansion

Yuthana Praiwan, Published on 08/03/2023

» Thai Oil Plc (TOP), the country’s largest oil refinery by capacity, plans to allocate capital spending worth US$1 billion to expand its businesses between 2023 and 2025, with half the budget going to the Clean Fuel Project (CFP).

BUSINESS

PTTGC to see 7% sales rise in 2022

Business, Yuthana Praiwan, Published on 24/11/2021

» PTT Global Chemical (PTTGC) expects its sales to rise by 7% next year due to expansion of production capacity and sales from mostly high-value-added chemical products from newly acquired assets.

BUSINESS

State-owned firms rush to boost investment spending

Business, Yuthana Praiwan, Published on 13/05/2021

» State-owned and mostly state-owned energy firms are rushing their 2021-22 capital expenditure in a bid to help restore the domestic economy, which has been ravaged by three Covid-19 outbreaks.

BUSINESS

PTTGC puts off Ohio cracker call

Business, Yuthana Praiwan, Published on 18/02/2021

» PTT Global Chemical (PTTGC), Thailand's largest petrochemical maker by capacity, has decided to further delay a final investment decision on its plan to develop an olefin cracker in the US state of Ohio as it needs more time to adjust its cost and form new business partnerships.

BUSINESS

PTTGC eyes funding for EEC facilities

Business, Yuthana Praiwan, Published on 04/02/2021

» PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical maker by capacity, plans to allocate additional capital spending of 30-50 billion baht to develop more downstream petrochemical production facilities in the Eastern Economic Corridor (EEC), according to chief executive Kongkrapan Intarajang.

BUSINESS

PTTGC to focus on asset acquisitions, mergers

Business, Yuthana Praiwan, Published on 14/01/2021

» PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical maker by capacity, has set a business goal this year to focus on asset acquisitions and mergers to supply high-quality raw materials to automobile, electronics and construction industries, says PTTGC chief executive Kongkrapan Intarajang.