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PTT Global Chemical sets out cost-cutting plan
Bangkok Post
|November 25, 2025
PTT Global Chemical Plc (GC), Thailand's largest petrochemical producer by capacity, is bracing for another year of oversupply in the global market with a series of measures aimed at strengthening liquidity and cutting costs.
Chief executive Narongsak Jivakanun said the company will continue to pursue a high-liquidity cash flow strategy to reinforce business resilience amid persistent oversupply pressures.
Analysts expect global petrochemical demand in 2026 to be supported by growth in the packaging and agriculture sectors.
However, the analysts warn that overcapacity and price competition will remain key challenges.
Dit verhaal komt uit de November 25, 2025-editie van Bangkok Post.
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