Thursday September 20, 2018 00:08

PTT GLOBAL CHEMICAL Press Releases

PTT Global Chemical launches GCs Customer Solution Center, aiming to boost the Thai plastics industrys competitiveness in global markets Stcoks—22 Aug 18

PTT Global Chemical Public Company Limited (GC), Thailand's largest integrated petrochemical and refining business, has recently inaugurated its Customer Solution Center (CSC) with an opening ceremony presided over by Mr. Siri Jirapongphan, Minister of

Fitch Affirms Thailand#s PTTGC at #AA(tha); Outlook Stable Stcoks—21 Jun 18

Bangkok--21 Jun--Fitch Ratings

Fitch Ratings (Thailand) has affirmed petrochemical and refining company PTT Global Chemical Public Company Limited's (PTTGC) National Long-Term Rating at 'AA(tha)', its National Short-Term Rating at 'F1+(tha)', and the senior unsecured national rating at 'AA(tha)'. The Outlook is Stable.

The affirmation reflects PTTGC's continued strong business profile as it is the largest fully integrated petrochemical and refining company in Thailand. The current low financial leverage provides headroom for the company to undertake additional investment.

KEY RATING DRIVERS

New Capacity Drives Growth: PTTGC's sales volumes are likely to increase in 2018-2021, driven by its new petrochemical capacity. The company started operation of its 434,000 tonnes per annum (tpa) liner low-density polyethylene plant and hexane-1 plant (mLLDPE project) in 1Q18 and expects commercial operation of its 200,000 tpa methyl ester plant 2 to start in 2H18. Meanwhile, the company's recent projects, including a propylene oxide and polyol project and an olefins reconfiguration project (ORP), will also help drive the company's growth in 2020-2021.

Deleveraging, High Uncommitted Capex: PTTGC's FFO adjusted net leverage improved to 0.8x in 2017 (2016:1.2x), mainly due to higher production and improved operating margins.

PTTGC enhances investments under its strategic plan to add value from joint ventures project in Stcoks—27 Feb 18

PTT Global Chemical Public Company Limited (PTTGC), Thailand's largest integrated petrochemical and refining business, recently announced a positive contribution to its 2017 results by three subsidiaries it acquired last year to expand its petrochemical

PTTGC announces its operating results for 2017 with its highest-ever net profit of 39,298 million Stcoks—23 Feb 18

Continues to take a substantial approach to further enhancing investment in projects in both domestic and international markets PTT Global Chemical Public Company Limited (PTTGC), Thailand's largest integrated petrochemical and refining business, today

PTT Global Chemical Announces Net Profit of Almost 10 Billion Baht for 3rd Quarter of 2017 Results Stcoks—15 Nov 17

PTT Global Chemical Public Company Limited (PTTGC), Thailand's largest integrated petrochemical and refining business, has announced the company's operating performance for the third quarter of 2017, with a quarterly net profit of 9,955 million baht,

Photo Release: DACON VS PTTGC Relationship Football Match General—03 Oct 17

Dacon Inspection Services Co., Ltd. recently hosted a football match to further strengthen the relationship with PTT Global Chemical (PTTGC) Ltd., as the two companies have shared a long and mutually-beneficial work history. In this friendly football

Fitch Rates PTTGCs Debentures at #AA(tha) Stcoks—24 Jul 17

Fitch Ratings (Thailand) Limited has assigned a 'AA(tha)' National Long-Term Rating to PTT Global Chemical Public Company Limited's (PTTGC, AA(tha)/Stable) new senior unsecured debentures. The debentures have a four-year tenor and will total up to THB10

Dacon organizes Knowledge Sharing seminar at PTT GC General—03 Jul 17

Dacon Inspection Services Co., Ltd. organized the 'Dacon Knowledge Sharing Seminar' to share knowledge about engineering inspections to a selection of distinguished guests of PTT Global Chemical (PTT GC) customers at the PTT GC Auditorium. Its contents

Fitch Affirms Thailands PTTGC at #AA(tha); Outlook Stable Stcoks—26 Jun 17

Fitch Ratings (Thailand) Limited has affirmed PTT Global Chemical Public Company Limited's (PTTGC) National Long-Term Rating at 'AA(tha)', National Short-Term Rating at 'F1+(tha)', and the National Long-Term senior unsecured rating at 'AA(tha)'. The

SET to list Global Green Chemicals on May 2 Stcoks—28 Apr 17

The Stock Exchange of Thailand (SET) will list Global Green Chemicals pcl, a flagship green chemicals business of the PTT Global Chemical pcl Group (PTTGC Group), on May 2, under the ticker symbol "GGC". The company has a market capitalization at its

Thailand becomes first Asian country to join Upcycling the Oceans clean-up Lifestyle—10 Apr 17

The Tourism Authority of Thailand (TAT) is joining hands with PTT Global Chemical (PTTGC) and the Ecoalf Foundation in launching the "Upcycling the Oceans, Thailand" initiative. This makes Thailand the first country in Asia to join the global ocean

TAT, PTTGC, and the ECOALF Foundation join together to tackle the marine waste problem with the Lifestyle—03 Apr 17

(March 29, 2017) Today at the Central Court, Central World, Bangkok, Dr. Yuthasak Supasorn, Governor of the Tourism Authority of Thailand (TAT); Mr. Supattanapong Punmeechaow, President & Chief Executive Officer of PTT Global Chemical Public Company

Fitch Affirms Thailands PTTGC at #AA(tha); Outlook Stable Stcoks—27 Jun 16

Fitch Ratings (Thailand) has affirmed PTT Global Chemical Public Company Limited's (PTTGC) National Long-Term Rating at 'AA(tha)', National Short-Term Rating at 'F1+(tha)', and the National Long-Term senior unsecured rating at 'AA(tha)'. The Outlook is

Fitch Affirms Thailands PTTGC at AA(tha); Outlook Stable Stcoks—07 Jul 15

Fitch Ratings, Bangkok/Singapore, 29 June 2015: Fitch Ratings (Thailand) has affirmed PTT Global Chemical Public Company Limited's (PTTGC) National Long-Term Rating at 'AA(tha)', National Short-Term Rating at 'F1+(tha)', and the National Long-Term senior

PTT Global Chemical supports the Dinghy Fleet of 28th Phuket Kings Cup General—02 Nov 14

Sailing season will kick off this weekend at Cape Panwa when a fleet of over 20 Optimists and Laser will race the Phuket Dinghy Series 2014. The popular series race under the umbrella of Phuket king’s Cup Regatta entered its fifth year with full

PTTGC to issue seven-year debentures worth 10 billion Baht, carrying 4.50% coupon Stcoks—09 Jul 14

PTT Global Chemical PCL (PTTGC) is offering a new batch of seven-year debentures worth 10 billion Baht, carrying a 4.50-percent coupon rate. Holders of PTTGC144A are eligible to subscribe the new issuance during July 28-29, while the subscription period

Fitch Affirms Thailands PTTGC at AA(tha); Outlook Stable Stcoks—01 Jul 14

Fitch Ratings (Thailand) Limited has affirmed PTT Global Chemical Public Company Limited’s (PTTGC) National Long-Term Rating at ‘AA(tha)’, National Short-Term Rating at ‘F1+(tha)’, and the National Long-Term Rating on its

Seeking allies for national energy security, PTT Group showcases capability at GASTECH Energy—24 Mar 14

Mr. Pailin Chuchottaworn, PTT Plc President & CEO, said PTT Group (represented by PTT, PTTEP Plc, PTT Global Chemical Plc, and PTT LNG Co., Ltd.) is taking part in the 42nd GASTECH 2014 international conference and exhibition on LNG, LPG, and natural

Four Thai listed firms named to Dow Jones Sustainability Indices Stcoks—10 Oct 13

The Stock Exchange of Thailand (SET) announced that the Dow Jones Sustainability Indices (DJSI), one of the most highly regarded global sustainability indices, now includes two more Thai listed companies – PTT Global Chemical pcl (PTTGC) and Thai

สมาคมกอล์ฟสตรีฯ จัดงานแถลงข่าวการแข่งขันกอล์ฟโปรสตรี รายการ PTT Global Chemical Thailand Ladies ทั่วไป—30 Sep 13

สมาคมกอล์ฟสตรี ในพระบรมราชินูปถัมภ์ของสมเด็จพระนางเจ้ารำไพพรรณี พระบรมราชินีในรัชกาลที่ 7 มีความยินดีขอเชิญท่านเข้าร่วมงานแถลงข่าวการแข่งขันกอล์ฟโปรสตรีรายการ “PTT Global Chemical Thailand Ladies Open 2013” ซึ่งกำหนดจัดขึ้นในวันที่ 7-9

PTT CEO on additional Samet Island trip following Board's directive for impact mitigation with Energy—08 Aug 13

Mr. Pailin Chuchottaworn, PTT Plc President & CEO, accompanied by PTT management and the media, visited Ko Samet immediately after the extraordinary meeting of the Board of Directors on August 5, which directed PTT and PTT Global Chemical Plc to jointly

ขอเชิญชวนผู้ที่สนใจเข้าชมการการแข่งขันวิเคราะห์เชิงธุรกิจ TUBC (Thammasat University Business ทั่วไป—03 Jul 13

โครงการปริญญาตรีบริหารธุรกิจหลักสูตรนานาชาติคณะพาณิชยศาสตร์และการบัญชีมหาวิทยาลัยธรรมศาสตร์ และ PTT Global Chemical จัดโครงการการแข่งขันวิเคราะห์เชิงธุรกิจที่ยิ่งใหญ่ที่สุดในประเทศ หรือ Thammasat Undergraduate Business Challenge (TUBC)

Fitch Upgrades Thailand's PTTGC to 'AA(tha)'; Outlook Stable Stcoks—17 Jun 13

Fitch Ratings (Thailand) Limited has upgraded PTT Global Chemical Public Company Limited's (PTTGC) rating and its senior unsecured debentures to National Long-Term 'AA(tha)' from 'AA-(tha)'. The Outlook is Stable. Its National Short-Term rating has been

PTT Global Chemical Public Co. Ltd. 'BBB' Rating Affirmed On Steady Financial Performance; Outlook Stcoks—30 May 13

We expect PTT Global's good cost position and moderate capital spending to support its free operating cash flows over the next two years.This will improve the company's financial risk profile, in our view.We are affirming our 'BBB' long-term corporate

Photo Release: Thai bourse joins Invest ASEAN 2013 in Malaysia Stcoks—07 Mar 13

The Stock Exchange of Thailand (SET) together with three Thai listed companies – PTT Global Chemical pcl (PTTGC), Bank of Ayudhya pcl (BAY), and Ratchaburi Electricity Generating – participated in Invest ASEAN 2013 hosted by Bursa Malaysia to

เนเชอร์เวิร์คส์ เอเชีย แปซิฟิก จัดงานเปิดตัวบริษัท เนเชอร์เวิร์คส์ เอเชีย แปซิฟิก (NatureWorks ทั่วไป—15 Jan 13

NatureWorks LLC เป็นบริษัทร่วมทุนระหว่าง PTT Global Chemical ซึ่งเป็นบริษัทผลิตปิโตรเคมีรายใหญ่ในประเทศไทย และบริษัท Cargill จากสหรัฐอเมริกา โดยบริษัทฯ เป็นผู้ผลิตผลิตภัณฑ์เม็ดพลาสติกชีวภาพรายใหญ่ที่สุดในโลก ซึ่งเป็นนวัตกรรมใหม่และเป็นมิตรต่อสิ่งแวดล้อม

PTT Global Chemical's Proposed Unsecured Notes Rated 'BBB' Stcoks—03 Sep 12

SINGAPORE (Standard & Poor's) Sept. 3, 2012--Standard & Poor's Ratings Services assigned its 'BBB' issue rating to Thailand-based PTT Global Chemical Public Co. Ltd.'s (PTTGC) proposed senior unsecured fixed-rate notes. PTTGC plans to use the proceeds

Neoninfotech and PTTME Sign an MOU to Establish a Partnership in Strategic IT—22 May 12

On Thursday May 17 at the PTT GLOBAL CHEMICALS PULBIC CO,.Ltd. head quarters in Rayong, a ceremony was held in honor of an MOU signing between Neoninfotech, a provider of top class engineering solutions and PTT Maintenance and Engineering Ltd

Tevin is appointed as President and Chief Executive Officer of PTTEP Energy—02 May 12

PTT Exploration and Production Public Company Limited or PTTEP announces the appointment of Mr. Tevin Vongvanich as President and Chief Executive Officer (CEO) replacing Mr. Anon Sirisaengtaksin who will be transferred to be CEO of PTT Global Chemical

Fitch: Perstorp Acquisition Has Limited Impact on PTTGC Stcoks—23 Nov 11

Fitch Ratings (Thailand) Limited has said that PTT Global Chemical Public Company Limited’s (PTTGC) plan to acquire a 51% stake of Perstorp Holding France SAS has a limited impact on the former’s financial position and credit metrics. The