PTTGC Affirms Normal Operation despite Technical Incident in Subsidiary’s Warehouse Construction Project

PTT Global Chemical Public Company Limited (SET: PTTGC) made an announcement through the Stock Exchange of Thailand on Tuesday evening, stating that there was a technical incident in the warehouse construction project by one of the subsidiaries of the company, while adding that the operation was still running normally.

The warehouse construction project is in the preparation process for commercial operation and the incident disrupted the preparation for the project implementation. Hence, some polymer products stored at the warehouse were damaged and the company is now in the process of assessing the relevant impacts, responsibilities of the relevant parties, and insurance.

With respect to the technical incident, PTTGC’s plant operation is running normally without any interruption and the company does not expect a material effect to the business performance of the company.