The Circular Economy at PTTGC
PTT Global Chemical (PTTGC) places considerable emphasis on resource utilization together with taking care of the environment. Besides, PTTGC considers sustainability as a core business priority for PTTGC and an integral part of the corporate strategy. Accordingly, PTTGC adapts the principles of the “Circular Economy” as the foundation for sustainability efforts. Waste or discarded materials from production process or from products are extracted their maximum value to be used as raw materials in producing new products. This is to reduce amount of waste and to support the Sustainable Development Goals (SDGs).
The circular economy is a robust alternative that is beneficial to organization, society, and the environment as a whole. By emphasizing on product life cycle to extract the maximum value of resource used, PTTGC highly ensures the effectiveness of resource management, adding value of resources, and extraction and reproduction of end of life products, in which the whole process is to strengthen corporate sustainability.
As part of our commitment to sustainability, PTTGC is integrating the circular economy concept into our company in three ways:
Preserve and Enhance Natural Capital
PTTGC puts a great effort on reducing proportion of nonrenewable resources and increasing the renewable resources. Since 2016, the company has employed technologies for water management, such as Seawater Reverse Osmosis (SWRO) technology to reduce a considerable amount of fresh water, Wastewater Reverse Osmosis (WWRO) technology to monitor and improve wastewater quality discharged from wastewater treatment system to ensure that the discharged amount can be used and reentered in the operating process. The development of bioplastics, including Polylactic acid (PLA) and Polyethylene (PE) to be used as plastic resins for biodegradable seeding bags, plastic film covering sheets, and drinking cups that have the same quality as they are produced from conventional plastic but are biodegradable and environmentally friendly.
Optimize Resource Yields
PTTGC integrates eco-design concept to all processes along the value chain from product design, product development, to selection or reduction hazardous chemicals in production process. The concept is applied for the whole product life cycle aiming to produce environmentally friendly products. Low density polyethylene (LDPE) resin production for thin film to be used in frozen food industry is an example of resource reduction or downguaging in manufacturing process that requires less resource but maintains the same quality. This reduction of material used results in 66% decrease of antioxidant used in the production process.
Besides producing environmentally friendly products, PTTGC strives for collaboration and having strategic partnerships to accelerate growth of the company. Upcycling the Oceans, Thailand is an example of collaborating project paired with the Tourism Authority of Thailand and the Ecoalf Foundation, Spain that aims to improve marine resources and ecosystem. The project works hands in hands with local fishermen, coastal communities, and other stakeholders in the East of Thailand in collecting ocean plastic waste. With innovation and technology, the collected waste will be turned into value added products, such as fashionable bags or clothes. The project scope is to collect PET and PE. Since this PTTGC initiated project launched, more than 10 tons of plastic waste has been collected from the Gulf of Thailand.
Foster System Effectiveness
PTTGC adheres to the concept of the circular economy by measuring effectiveness and responsibly utilizing resource at the maximum level following the company’s 5Rs concept, including Reduce, Reuse, Repair, Recycle, and Reject. Examples of PTTGC implementation with regard the 5Rs concept are, the company has implemented the Zero Waste project by reducing the amount of waste and changing method of waste disposal from landfill to other environmentally friendly methods. In terms of carbon footprint, 115 products are certified with Carbon footprint of Product (CFP) and 63 products are certified with Carbon Footprint Reduction of Product (CFR), which are labels that demonstrated an achievement in reduction of the product's carbon footprint as required by the Thailand Greenhouse Gas Management Organization's Carbon Labeling Program. To ensure the well-being of surrounding communities, PTTGC installs two units of Enclosed Ground Flare (EGF) to increase efficiency of hydrocarbon commission and diminish smoke, as well as, help lessen heat radiation, illumination, and noise levels. In addition, PTTGC has Vapor Recovery Units (VRUs) installed at all aromatics tank farms to collect fugitive emissions. The total collected hydrocarbon is about 40 tons since its first operation in 2013.
The research and development team highly commits in developing innovation and adapting technologies to business operation in preventing adverse impacts and mitigating risks affecting the organization, society, and environment.
PTTGC exercises its businesses based on strategic management following the concept of the circular economy covering from product development, consumption, to waste management. Following the company vision which is to be a leading chemical company for better living for all Thais, PTTGC highly concerns on all product development that should meet its maximum effectiveness.