Potential offtaker

PTT Global Chemical Public Company Limited

www.pttgcgroup.com

Estimated electricity consumption

N/A

Countries of production presence

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PTT Global Chemical PCL (PTTGC) is a leading petrochemical and chemical company based in Thailand. The company operates in the organic chemicals and intermediates sector, producing a wide range of products including olefins, aromatics, and specialty chemicals. PTTGC is committed to sustainability and has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy.

Decarbonisation is a key focus area for PTTGC. The company has set a target to reduce its greenhouse gas emissions by 20% by 2030, compared to its 2017 baseline. To achieve this goal, PTTGC is implementing a range of measures, including energy efficiency improvements, the use of renewable energy, and the development of low-carbon products.

Corporate energy is another area of focus for PTTGC. The company is committed to reducing its energy consumption and improving its energy efficiency. PTTGC has implemented a range of measures to achieve this, including the use of energy-efficient technologies, the optimization of production processes, and the implementation of energy management systems.

Corporate power purchase agreements (PPAs) are an important tool for PTTGC to increase its use of renewable energy. PPAs allow companies to purchase renewable energy directly from renewable energy generators, often at a lower cost than traditional energy sources. PTTGC has signed several corporate PPAs for renewable energy, including a 20-year agreement to purchase electricity from a 600 MW wind farm in Thailand.

Renewable energy is a key part of PTTGC's sustainability strategy. The company has set a target to increase its use of renewable energy to 15% of its total energy consumption by 2030. To achieve this goal, PTTGC is investing in a range of renewable energy projects, including solar and wind power. The company is also exploring the use of biofuels and other alternative energy sources.

In addition to its focus on sustainability, PTTGC is committed to innovation and product development. The company has a strong research and development program, focused on developing new products and technologies that meet the needs of its customers and contribute to a more sustainable future. PTTGC has also established partnerships with universities and research institutions to support its R&D efforts.

PTTGC is a major player in the global petrochemical and chemical industry, with a strong presence in Asia, Europe, and the Americas. The company's products are used in a wide range of industries, including automotive, construction, and electronics. PTTGC is committed to delivering high-quality products and services to its customers, while also contributing to the sustainable development of the communities in which it operates.

In conclusion, PTT Global Chemical PCL is a leading petrochemical and chemical company based in Thailand, operating in the organic chemicals and intermediates sector. The company is committed to sustainability, with a focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy. PTTGC is also committed to innovation and product development, and has a strong presence in the global petrochemical and chemical industry.

✓ Declared Net Zero commitment