18 February 2016
DETAILS
Mr. Supattanapong Punmeechaow,
Chief Executive Officer and President,
stated that the Company
had a net profit of 20,502 million Baht
increase 33% from year 2014.
This year, PTTGC has announced
its net profit of 20,502 million Baht;
accounting for 4.55 Baht per share.
In this regard,
the total sales revenue was 400,128 million Baht,
while the adjusted EBITDA margin has increased
to 13% from 10% previously, mainly due to
better performance generated
from petroleum and aromatics businesses.
Furthermore, the Board of Directors
passed the resolution to propose of shareholding
to consider and approve the dividend payment
for year 2015 of 2.80 Baht/share
or 61% of consolidated net profit.
The company also enhancement of its
operational potential through
* the MEG Plant improvement
with the production capacity of 9,000 tonnes per year,
and expanded its product portfolio with
well-integrated of upstream to downstream products.
Key Investment Projects 2016
Map Ta Phut Retrofit Project:
Improving production effectiveness of current plants
as following;
- Create value-added to downstream products
and feedstocks for the Company’s plants - Expand and further develop downstream products
- Enhance potential and flexibility in production
and feedstock supply.
PO/Polyols Project:
A fully-integrated investment in Polyurethane
- Expand the downstream business targeting
at high-value PU Chain - Polyurethane is gradually becoming highly demanded
by the market and major industry sectors and electrical appliances.
Overseas Investment Project
- US Petrochemical Complex: The Project is now
in feasibility study process and working
with potential partners and
expected to be finalized by the end of 2016. - Investment Projects in Asia and the AEC:
The Company is now studying investment opportunities
in the Indonesian market and CLMV countries,
namely Cambodia, Laos, Myanmar and Vietnam.
All of which are considered high potential markets.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
