News & Media

SCG Chemicals is one of the largest integrated petrochemical companies in Asia and a key industry leader. We manufacture and supply a full range of petrochemical products ranging from upstream monomers to downstream polymers including polyethylene, polypropylene, polyvinyl chloride, polystyrene and MMA.

SCG Moves Vietnam’s First Fully Integrated Petrochemical Complex Forward

SCG Moves Vietnam’s First Fully Integrated Petrochemical Complex Forward

Date: 6 Aug 2018

SCG Moves Vietnam’s First Fully Integrated Petrochemical Complex Forward, Signs Loan Agreements worth over $3.2 billion with 6 Leading Financial Institutions; Commercial Operations Expected in 2023 SCG pushed forward Vietnam’s first fully integrated Petrochemical Complex project, Long Son Petrochemicals Company Limited (LSP) by recently signing loan agreements worth over $3.2 billion (approximately 110,000 million baht) with 6 leading financial institutions. The project will begin construction in Q3/2018 and is expected to start commercial operations in the first half of 2023 to meet Vietnam’s soaring demand which is as high as 2.3 million tons per year, and such demand is projected to expand continuously thanks to strong Vietnam’s economic growth. Mr. Roongrote Rangsiyopash, President and CEO of SCG, disclosed, “Long Son Petrochemicals project or LSP is a World-Scale Petrochemical Complex with the investment of approximately $5.4 billion or 180,000 MB. It is currently SCG’s flagship investment. This venture will increase competitive advantages of SCG’s Chemicals Business in Southeast Asia. Furthermore, the project is equipped with world-class advanced technologies which allow for high flexibility to utilize raw materials resulting in increased competitive advantage. The project also leverages digital technologies to create innovations for better products, services, and solutions for customers.” The loan agreements are made in U.S. Dollar and are signed with 6 leading financial institutions: Sumitomo Mitsui Banking Corporation, Mizuho Bank, Bangkok Bank, Krungthai Bank, Siam Commercial Bank, and Export-Import Bank of Thailand. The total credit facilities is worth over $3.2 billion or around 110,000 MB with a tenor of approximately 14 years. Sumitomo Mitsui Banking Corporation is the project's financial advisor. LSP is located in Ba Ria – Vung Tau province which is 100 kilometers from Ho Chi Minh City. Its olefins production capacity is 1.6 million tons per year for manufacturing High Density Polyethylene (HDPE), Linear Low Density Polyethylene (LLDPE), and Polypropylene (PP). The project has been maintained and operated with strict procedures to achieve world-class safety standards and environmentally friendly practices to sustain activities and support a peaceful coexistence with Vietnam’s communities and society.
SCG Joins Hands with EGAT to Develop  Floating Solar Farm’s Mooring System for Power Generation

SCG Joins Hands with EGAT to Develop Floating Solar Farm’s Mooring System for Power Generation

Date: 25 Jul 2018

Chemicals Business, SCG, pushed forward its floating solar solution project, signing a Memorandum of Understanding (MoU) agreement with Electricity Generating Authority of Thailand (EGAT) to work collaboratively in research and development of mooring system for floating solar farm in EGAT’s reservoirs and dams. Mr. Saharath Boonpotipukdee, Deputy Governor - Renewable and New Energy of Electricity Generating Authority of Thailand said, “Renewable energy has taken the world’s attention with a growth rate of 25%, particularly in the solar cell which grows at a significant pace. Generally, large solar farms take up vast land space. EGAT and Ministry of Energy came up with the floating solar farm project and worked collectively with SCG which has expertise and experience in developing floating solar farm for power generation. SCG is well-known for its world-class R&D which is a result of today’s collaboration to develop effective mooring system for EGAT’s reservoirs and dams. This collaboration is truly regarded as mutual R&D effort on solar energy developed by Thai people for Thai people.” Mr. Somchai Wangwattanapanich, Senior Vice President of Chemicals Business, SCG, disclosed, “The study on floating solar farm is new to Thailand. This collaboration is a challenge for both SCG and EGAT, especially the development of the efficient mooring system for floating solar farm on the surface with several geographical factors including wind, current and water depth which is different from SCG’s current solar farm structure. We believe that the capabilities of both sides will be able to deliver the efficient mooring system. Furthermore, this challenge will make the shift in Thailand toward clean energy.” Chemicals Business provides the first floating solar solution in Thailand which offers a series of services ranging from system designing, installation, handling permission, electrical Installation to maintenance. The strength of the floating solar farm is simple installation coupled with excellent space efficiency compared to other floating solar platforms. SCG’s floating pontoons are made of high-quality polyethylene resin which employs strength and durability and is eco-friendly. The pontoons can last up to 25 years which is equivalent to the solar panel’s lifecycle. The long-lasting benefit helps reduce the costs associated with solar panel's maintenance. Main photo from right to left: 1. Mrs. Sriwan Buranachokepisal, Director of Research and Development of Renewable and New Energy, Electricity Generating Authority of Thailand 2. Mr. Chatchai Mawong, Director of Research and Development of Renewable Energy, Electricity Generating Authority of Thailand 3. Mr. Saharath Boonpotipukdee, Deputy Governor - Renewable and New Energy, Electricity Generating Authority of Thailand 4. Mr. Somchai Wangwattanapanich, Senior Vice President of Chemicals Business, SCG 5. Dr. Suracha Udomsak, R&D Director of Chemicals Business, SCG 6. Mr. Thammanoon Srimandakul, Energy Business Manager of Chemicals Business, SCG
SCG hosted SD Symposium 2018 invited all sectors to collaborate in driving a circular economy

SCG hosted SD Symposium 2018 invited all sectors to collaborate in driving a circular economy

Date: 11 Jul 2018

SCG hosted SD Symposium 2018 invited all sectors to collaborate in driving a circular economy by drawing inspirations from leading organizations success stories to create sustainability for natural resources. SCG has held a global forum on Sustainability Development in Thailand the "SD Symposium 2018". It was held under the concept "Circular Economy: The future we create," with attendees include leading global companies as well as the government sector, civil society, SMEs, startups, as well as local communities, to exchange perspectives and share success stories to collaboratively drive circular economy by promoting an efficient use of natural resources throughout the value chain, which includes manufacturing, consumptions, and recovery processes. This concept will lead to business sustainability, while also uplifting the quality of life, and resulting in global sustainability. "SD Symposium 2018" was an academic forum on sustainable development. For the past five years, the forum's objective is to develop broader awareness about sustainable development goals. This year, the forum focused on a circular economy and will feature a keynote speech by Dr. Somkid Jatusripitak, Deputy Prime Minister of Thailand. He shared the government's vision to drive a circular economy in order to promote sustainable growth for Thailand. The President and CEO of World Business Council for Sustainable Development (WBCSD) also gave a presentation on a circular economy in the global context. Several seminars were also being held to decode success stories about a circular economy from all sectors, inviting participants to adopt the shared knowledge effectively. Dr. Somkid Jatusripitak, Deputy Prime Minister of Thailand, said: "The circular economy concept is very much in line with the Thai government's strategy to drive the Thai economy, especially by focusing on value-driven products and services. The Thai government has followed the roadmap to promote sustainable economic growth amidst global challenges on natural resources. Hence, the 20-year National Strategy also focuses on environmentally-friendly developments as well as a balance between natural resources conservation and usage. This has been supported by other measures including the promotion of innovation and digital economy to encourage sharing and efficient utilization of resources, appropriate and efficient waste management through reusing and recycling, as well as ethically, socially and environmentally responsible business practices. However, successful implementation of the circular economy concept would not be possible with the government's support alone, the private and people sectors must also participate. Organizations have urged to adopt the circular economy concept in their operations to build long-term business sustainability, while the public must realize the importance of responsible consumption and change their behaviors to facilitate the process of using wastes and byproduct from their consumptions as raw materials. Only through such collaboration can our nation truly achieve stable and sustainable prosperity." Mr. Roongrote Rangsiyopash, President and CEO, SCG, expressed: "The circular economy concept could help solve the problems of dwindling natural resources we had faced with, as it worked differently from the traditional linear economy's model (Take-Make-Dispose) by preserving natural resources and using them in the most efficient way. By creating systems in which waste could re-enter the supply chain, a circular economy could lead to environmental and social sustainability. SCG, as part of the business sector, vowed to be one of a key driving force to initiate collaboration with other parties. The SD Symposium 2018 gathered thought leaders and representatives from leading organizations to showcase their stories of successful implementation of the circular economy concept. The goal was for participants to get new perspectives that could solve global problems and would be inspired to adopt the circular economy concept to make it happen." SCG drives the circular economy concept through key three strategies: Reduced material use / Durability. By reducing the amount of resources used in manufacturing, such as the corrugated Green Carton, which requires 25% less raw materials but remains durability, that helps customers save their transportation cost; reducing manufacturing and sales of single-use plastics from 46% to 23% within 10 years. The efforts including help customers save electricity cost for air-condition by Active AIRflowTM System, a cool and comfort home ventilation system; and strengthen durability of product, such as marine cement that 2 times last longer compared with conventional Portland cement. Upgrade and Replacement. By creating innovations to replace existing products and raw materials with new ones that offer higher efficiency but use less resources or make them recycle-friendly. For example, polyethylene (PE) which an enhanced innovation of SCG that can enable 2 times recycled plastic materials use as well as SCG Hybrid Cement that can replace traditional structural cement but use lower raw materials in production process. Reuse and Recycle. By recycling used products instead of using new resources, promoting all recovery processes, such as setting up Paper Bailing Station to collect paper waste to be recycled; recycling glass bottles to use in place of sand to produce insulation materials; developing “CIERRATM” functional material which improves plastic’s property that allows single material has versatile packaging application instead of multi materials which hard to be recycled; and recycling plastic waste to make fish home helping to preserve the marine eco-system. “In addition, SCG promotes building collaborative networks with parties in Thailand and beyond in order to build full circular economies. Most recently, we have technology partnership with DOW (Thailand) to use recycled plastics as an ingredient in asphalt, helping to reduce ocean and community waste while also enhancing its efficiency as well as reducing carbon emissions from building roads. SCG genuinely hope that the “SD symposium 2018” will be a good initiation to develop collaboration between the government, private and people sectors. The event will also help driving innovations as well as promote the environment-friendly process to develop a concrete sustainable foundation as it will be one of the most important key strategies for Thailand 4.0.” concluded Mr. Roongrote. Mr. Peter Bakker, President and CEO of World Business Council for Sustainable Development, added: “The circular economy concept is an innovative and revolutionizing concept that defies traditional manufacturing and consumption behaviors. It allows the global economic system to be the most efficient use of natural resources. In order to make this concept be widespread in the business community, we must start with instilling a conscience within the management and employees to head towards the same goal. At the same time, all sectors must also concern the problems and come together to make a change to our world.” ASEAN is a relatively challenging region, as it is still in the process of driving developments, uplifting the quality of living, and acting as a key manufacturing hub catering to the world’s continuously increasing demands. This results in shortages of resources. Successful implementation of the circular economy concept can help to promote the manufacturing of products and services using innovation that helps to maximize the efficiency of resources use. This effectively helps to reduce corporations’ operation costs from use of resources, thereby increasing their competitive edge, which could bring about growth opportunities on the global level, worth USD 4.5 trillion by 2030 (source: CEO Guide to the Circular Economy, WBCSD). In addition, circular economy can also help to reduce carbon emissions, leading to improved living conditions around the world and realizing the Paris Agreement as well as the United Nations’ Sustainable Development Goals.” SCG has ensured that the SD Symposium 2018 was also a green event, by utilizing resources efficiently environmentally-friendly and recycling where possible. Air conditioning temperature was set at 25 degrees Celsius. Participants were also encouraged to use public transportation to travel to the event and refrain from wearing jackets. SCG will also reforest together with offset a carbon credit from waste heat power generator in cement production to make the symposium carbon neutral.

Innovative PE resin by SMX Technology™

Innovative PE resin by SMX Technology™

Date: 24 Apr 2018

The higher strength Polyethylene resins by breakthrough SMX TechnologyTM developed by SCG Chemicals. Formulators and designers can achieve the end-applications’ new boundaries by reducing material consumption while maintaining mechanical properties.