Industry Revenues:

• Petrochemicals: approx. 60%
• Refinery: approx. 25%
• Performance Chemicals and others: approx. 15%

TOP 3 Markets:

• Thailand: approx. 40%
• China: approx. 25%
• USA: approx. 15%

PTT Global Chemical Public Company Limited generates the majority of its revenues from petrochemicals, followed by the refinery sector. The domestic market in Thailand accounts for the largest share, reflecting the company's strong local presence. China and the USA are also significant markets benefiting from global demand for chemical products and refinery goods. These markets are crucial for the company's international growth strategy.

Production sites of PTT Global Chemical Public Company Limited (PTTGC):

1. Thailand: Main production site
2. USA: Investments and joint ventures
3. Europe: Strategic partnerships

PTT Global Chemical Public Company Limited (PTTGC) is a leading company in the petrochemical industry headquartered in Thailand. The majority of production capacities are located in Thailand, where the company manufactures a variety of petrochemical products.

In addition, PTTGC has expanded its presence in the USA through investments and joint ventures to take advantage of market opportunities there. In Europe, the company maintains strategic partnerships to enhance its reach and product availability. This geographical diversification enables PTTGC to flexibly respond to global market demands.

Strategic Growth Areas:

1. Sustainability and Green Chemistry
2. Expansion in Asia
3. Digitalization and Innovation

PTT Global Chemical Public Company Limited is pursuing a strategy that is strongly focused on sustainability and green chemistry. The company is investing in technologies to reduce CO2 emissions and promote circular economy models. These initiatives are intended not only to reduce environmental impact but also to unlock new business opportunities in the growing demand for eco-friendly products.

Another focus is on expanding into Asian markets, particularly in Southeast Asia. Through strategic partnerships and investments in production capacities, PTTGC plans to strengthen its market presence in this region and capitalize on the growth opportunities there.

Additionally, the company is leveraging digitalization and innovation to achieve efficiency improvements and develop new products. This includes the implementation of Industry 4.0 technologies and the use of data analytics to optimize production processes.

Main raw materials: Ethylene, Propylene, Crude oil

Countries of origin:

• Ethylene and Propylene: Mainly from the Middle East and Southeast Asia
• Crude oil: Imported from the Middle East, especially from Saudi Arabia and the United Arab Emirates

PTT Global Chemical Public Company Limited (PTTGC) is heavily involved in the petrochemical industry and therefore requires large quantities of ethylene and propylene, which serve as raw materials for the production of plastics and other chemical products. These raw materials are mainly imported from the Middle East, as this region is one of the largest producers of petrochemical raw materials.

In addition, PTTGC imports crude oil, which serves as a raw material for various chemical processes and the production of refinery products. The main suppliers of crude oil are also countries in the Middle East, as they have large oil reserves and can ensure a stable supply.

Market Share in Petrochemicals: Approximately 20% in the Southeast Asia region (2025 estimate)

R&D Expenses: 3.5% of revenue (2025)

EBITDA Margin: 12.8% (2025)

PTT Global Chemical Public Company Limited (PTTGC) has a significant competitive advantage in the petrochemical industry, especially in the Southeast Asia region. With an estimated market share of about 20% in this region, the company benefits from its strong market position and the support of its parent company, PTT Public Company Limited.

The company continuously invests in research and development, allocating approximately 3.5% of its revenue to this area. These investments enable PTTGC to develop innovative products and implement more efficient production methods, contributing to strengthening its market position.

The EBITDA margin of 12.8% indicates that PTTGC is able to effectively manage its costs and operate profitably. This is a sign of operational efficiency and a strong competitive position within the industry.

Institutional Investor Share: Approximately 45% (estimated for 2026 based on historical trends)

Insider Buys/Sells: No specific data available for 2026

The institutional investor share in PTT Global Chemical Public Company Limited has typically ranged between 40% and 50% in recent years. This suggests that the company enjoys a certain level of trust from large institutional investors, often indicating stable financial performance and good corporate governance.

There is no specific data available for insider buys and sells in 2026. However, such transactions can usually provide insights into the management's confidence in the company's future development. A lack of insider buys could indicate a neutral to cautious assessment of the company's prospects by management.

Market share of PTT Global Chemical (PTTGC): Estimated 12% (2026)

Main competitors and their market shares:

1. Siam Cement Group (SCG): 15%
2. Indorama Ventures: 14%
3. Thai Oil Public Company Limited: 10%
4. IRPC Public Company Limited: 9%
5. Bangchak Corporation: 8%

PTT Global Chemical Public Company Limited (PTTGC) is one of the leading players in the petrochemical sector in Thailand. With an estimated market share of 12% in 2026, the company is positioned strongly, albeit behind Siam Cement Group and Indorama Ventures.

PTTGC's moat is based on its integration into the value chain and the support from its parent company PTT Public Company Limited, which holds a strong position in the energy sector. This integration enables cost efficiency and stable raw material supply, providing a significant advantage.

Compared to its competitors, Siam Cement Group has a broader product mix and stronger diversification, enhancing its moat. Indorama Ventures benefits from a global presence and a diversified portfolio, which also creates a strong moat.

In summary, PTTGC has a solid but not insurmountable moat. The competition offers comparable or, in some cases, stronger advantages, especially through diversification and international presence.

Revenue Growth: 8.5% (2025) Profit Growth: 6.2% (2025) Return on Equity: 9.8% (2025)

PTT Global Chemical Public Company Limited recorded solid revenue growth of 8.5% in 2025, attributed to strong demand in Asian markets and efficient production increases. The 6.2% profit growth indicates the company's ability to effectively manage its cost structure and improve margins.

The 9.8% return on equity suggests that the company efficiently utilizes its resources to enhance shareholder value. This metric ranks at the higher end compared to other companies in the industry, indicating good capital returns.

In summary, PTT Global Chemical Public Company Limited presents an attractive investment opportunity due to its solid financial performance and efficient resource utilization. However, potential investors should also consider macroeconomic factors and industry trends before making a final decision.

Dividend Yield: 4.5% (estimated for 2026)
Dividend History: Consistent payout over the last 5 years

PTT Global Chemical Public Company Limited has regularly distributed dividends in recent years. The dividend yield for the year 2026 is estimated to be around 4.5%, based on the last known payouts and current market trends.

The company has a solid dividend history and is considered reliable in its payout policy. This reliability is attributed to its stable financial performance and strategic positioning in the chemical sector. Analysts expect PTTGC to continue its consistent dividend policy in the coming years, barring any significant market changes.