PTT Chemical Public Company Limited is a new company formed from the merger of two of the major players in Thailand’s petrochemical and chemical industry sectors – the National Petrochemical Public Company Limited (NPC) and Thai Olefins Public Company Limited (TOC). In line with the policy of principal shareholder, PTT, the merger puts PTT Chemical in an excellent position to take full advantage of opportunities for future growth in the olefins industry. The new company, registered on December 7, 2005, will strengthen Thailand petrochemical industry and further enhance its reputation in the
global arena.

As a result of the merger, PTT Chemical is now Thailand’s largest producer of olefins and related downstream products, with the third largest production capacity in all of Asia. With combined potential output of 1,523,000 tons per year, PTT Chemical has the resources it needs to compete successfully in the world market.

PTT Chemical is a fully-integrated petrochemical manufacturer. Its core products – ethylene and propylene – are supplemented by a number of commercially valuable by-products that figure in the production of a wide range of downstream petrochemical products. PTT Chemical’s potential for innovation will help reduce the country’s current dependence on imported petrochemicals and propel the entire industry into a into a new era of strength and stability new era of strength and stability. PTT Chemical is set to play a vital role in spurring Thailand’s industrial and economic growth and in raising the quality of Thai people’s lives.