25 August 2014
ABOUT PTT Global Chemical, PTTGC PLC
Details
Step I (2012) :
Acquiring stake in Vencorex
• Platform for growth in PU Business
• Accessibility to:
- Production & Technology
- R&D Capability
- Strong market presence in EU/US/MEAF
Step II (2015-2017)
Vencorex Transformation
• TDI conversion to world-scale HDI monomer
- Restructuring Provision at 51% of 1,142 MB
• New HDI derivatives plant in Thailand
- Investment EUR 40 million
- Expected IRR > 15%
• Global technology center
Step III (2018 onward)
Deploy Vencorex Technology to build PU complex in Asia
• Utilize Vencorex’s TDI/HDI technology
• JV/M&A with strategic partner to build PU complex
READ MORE PTT GC presentation on page 18
Source : WWW.SET.OR.TH
WWW.CHEMWINFO.COM BY KHUN PHICHAI
