GC Maintains Full Operations Amidst Middle East Market Volatility

Bangkok: PTT Global Chemical Public Company Limited (GC) continues to operate its plants amidst market volatility, minimizing the impact on customers and the country's industrial sector.

According to Thai News Agency, GC announced that its petrochemical plants continue to operate at full capacity, while managing the production chain and raw material supply to ensure product delivery to customers and support the country's industries amidst the ongoing and volatile situation in the Middle East. This situation has strained global energy and raw material supply chains due to reduced industrial production capacity. GC is working closely with its customers and partners to mitigate the impact throughout the value chain and support the continued operation of Thai businesses and industries.

Currently, GC is closely monitoring and evaluating the situation and maintaining plant operations according to plan, ensuring production and delivery to customers. Comprehensive management measures are in place, encompassing price fluctuations, raw material sourcing and management, inventory management, production, and sales, as well as appropriate budget and expense management, to enhance financial flexibility and cope with potential uncertainties.

Furthermore, GC is ready to support government policies and work with the Federation of Thai Industries (FTI), as well as coordinate with PTT Group to closely monitor the situation and assess its impact on the industrial sector.