Business Structure & Products
PTTGC owns and operates a refinery equipped with hydrocracker and visbreaker units, capable of converting low-value fuel oil to more valuable middle-distillate products. Its average refining capacity stands at 145,000 barrels per day of crude and 135,000 barrels per day of condensate.[6]
PTTGC produces and distributes aromatics products, namely paraxylene, benzene, orthoxylene, mixed xylene, toluene, and cyclohexane. These products are used as feedstock in various industrial processes.
Aside from these products, PTTGC's aromatics plants yield multiple by-products, including liquefied petroleum gas (LPG), light naphtha, heavy aromatics, and condensate residue. LPG and light naphtha are used as feedstock in their olefins plants, while heavy aromatics and condensate residue are used as feedstock in the refinery to produce jet fuel, diesel, and fuel oil.[7]
Olefin products obtained from PTTGC's olefins plants mainly consist of ethylene and propylene. The olefin plants also yield various by-products, such as pyrolysis gasoline, mixed C4, tail gas, cracker bottom, and hydrogen.[8]
Polymers are downstream petrochemicals primarily used as feedstock for everyday plastic products. They are commonly molded into multiple shapes and forms of plastic packaging. Polymers are also used as feedstock for other downstream industries.[9]
Green chemicals are products manufactured from natural feedstocks such as palm oil, palm kernel oil, vegetable oil, animal fat, corn, sugar made from sugarcane, and cassava. These products can be used in various downstream industries, such as personal care, pharmaceuticals, food, biochemicals, and bioplastics industries.[10]
Phenol is used as feedstock for the production of downstream products, such as engineering plastics. PTT Phenol Co.ltd is wholly owned by the PTT Global Chemical Co. ltd. or PTTGC since 2 May 2013.[11]
Performance materials and chemicals are major components in downstream industries, such as the automotive, construction, and engineering plastic industries. In August 2006 PTT PLC became a shareholder of HMC Polymers and in 2017 transferred its share to its chemical flagship PTT Global Chemical Public Company Limited.[12]