Narongsak Jivakanun, Chief Executive Officer of PTT Global Chemical Public Company Limited (SET: PTTGC), revealed that the company’s overall operations in 2025 have been strengthened by implementing the Holistic Optimization strategy in conjunction with the integration of innovation and digital technology in all areas under the 3 Smarts framework.
The strategy has elevated operational efficiency and reinforced financial strength. The company succeeded in launching its first USD-denominated perpetual subordinated bonds valued at $1.1 billion, as well as a new series of THB-denominated perpetual subordinated bonds totaling THB 10 billion, which received an excellent response from investors.
In 2025, the petrochemical industry and the global economy continued to face ongoing challenges. PTTGC has executed its plans with discipline and consistency throughout the year, reflecting the company’s strength in operational efficiency, financial status, and competitiveness.
This stems from the commitment and cooperation of all PTTGC employees under the “GC StandOut” concept to create sustainable diversity, with an Innovation Culture as a key supporting mechanism. This is coupled with the practical adoption of innovation and digital technology, and cooperation with partners in various sectors to drive the growth of high-value, low-carbon businesses sustainably in the long term.
In 2025, PTTGC became the first chemical producer to sign an agreement to import ethane from the United States for use in Thailand by 2029, reinforcing the long-term security and competitiveness of raw material sourcing and increasing flexibility in production without the need for significant infrastructure investment or adjustments to the production system. This aligns with the Holistic Optimization principle that focuses on cost efficiency and raw material security.
Meanwhile, PTTGC joined forces with PE LNG and the Electricity Generating Authority of Thailand (EGAT) to launch a project utilizing cold energy from liquefied natural gas (LNG) in the olefins production process. This represents another strategic collaboration within the PTT group. The project helps optimize energy usage and supports the application of clean technology in production, which will reduce carbon dioxide emissions by more than 60,000 tons per year.
