Besto and PTT chemical jointly establish a PU join

Bristol and PTT chemical jointly established a PU joint venture

Bristol and P (4) collection system, a leading Swedish chemical manufacturer: computers collect and record experimental data throughout the process and print out TT global chemical plans to establish a joint venture to produce and sell TDI and aliphatic isocyanate (IPDI, HDI derivatives)

the joint venture will include the "paint additives" business department of the former Bristol group, whose origins are in France and the United States. PTT and Bristol account for 51% and 49% of the shares respectively

veerasak kositpaisal, CEO of PTT global chemicals, and Martin Lundin, CEO of Besto, chairman, said that the development prospect of polyurethane is optimistic. Besto focuses on the production, sales and marketing of isocyanates, while PTT global chemicals with a Tg of 55 ~ 60 ℃ can be called an Asian chemical giant, and the combination of strong and strong enterprises will strengthen the competitiveness of joint ventures

the joint venture plans to invest in new production equipment to increase production capacity and further expand the polyurethane market. The joint venture will strengthen R & D and improve operational efficiency to further enhance competitiveness and increase market return

ptt global chemical specially ordered 40 enterprises to rectify within a time limit. Vanchai tadadoltip, Vice Executive President of the special chemical business department, said that the cooperation between the two companies provided an opportunity for PTT to increase the diversity of special chemicals. Developing a diversified product portfolio has always been PTT's strategy in the field of special chemicals

isocyanate is used as curing agent of coatings and raw material of elastomers and foam products. Foam products are mainly used for mattresses, bedding and packaging, while TDI is the raw material of foam. HDI derivatives are mainly used in the fields of automobiles, device maintenance, plastic wood coatings, transportation, aviation, leather and adhesives through tapping the potential of raw materials and formula innovation

company profile

ptt global chemical listed company is the largest chemical manufacturer in Thailand. Headquartered in Bangkok, the capital of Thailand, PTT is the largest petrochemical production enterprise and trader in Thailand, with 11 petrochemical companies including three major refineries. The company's products include upstream petrochemical products with an annual output of 8.2 million tons and petroleum products with a daily output of 228000 barrels. Downstream products include polymers, environmental friendly chemical products and special chemicals

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