Equity Analysis /
Thailand

TH : PTT Global Chemical - Erosion of olefins cost competitiveness

    CGS-CIMB
    22 November 2021
    Published by

    PTTGC’s reliance on naphtha feedstock, which is pricier than ethane, is likely to increase due to potentially lower domestic gas production in 2022F. PTTGC aims to achieve net zero emissions by 2050F.