PTT Global Chemical Public Company Limited (SET: PTTGC) noted that the company continues its production operations uninterrupted, efficiently managing its supply chain and raw material sourcing to ensure product delivery to customers and support Thailand’s industrial sector amid ongoing intensity and volatility in the Middle East.
The unrest in the Middle East has caused the global energy and raw material supply chain to tighten due to reduced production capacity in the industry.
PTTGC has been communicating and working closely with customers and partners to mitigate impacts across the entire value chain, supporting Thai businesses and industries so that they can continue operating without interruption.
Currently, PTTGC is monitoring and assessing the situation closely while maintaining planned factory operations and ensuring timely product delivery to its customers.
Additionally, the company has implemented comprehensive management strategies regarding price volatility, sourcing and managing raw materials, inventory management, production processes, distribution, as well as appropriate budget and expense management. These measures are designed to increase financial flexibility and preparedness for future uncertainties.
PTTGC also supports government policy and works with the Federation of Thai Industries (FTI), along with close collaboration within the PTT Group, to continuously monitor the situation and assess its impact on the industrial sector. The company reaffirms its readiness to be a key force in supporting Thailand’s industrial sector through the ongoing volatility.
