PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED AND SUBSIDIARIES FOR THE YEAR ENDED DECEMBER 31, 2021 NOTES TO THE FINANCIAL STATEMENTS - 72 - Name of entities Country of incorporation/ nationality Nature of relationships PTTGC Innovation America Corporation United States of America Indirect subsidiary, 100% shareholding by the Group and the Company’s management as director PTTGC International (Netherlands) B.V. Netherlands Indirect subsidiary, 100% shareholding by the Group, common director GC International Corporation United States of America Indirect subsidiary, 100% shareholding by the Group, common director and the Company’s management as director PT GCM Marketing Solutions Indonesia Indonesia Indirect subsidiary, 67% shareholding by the Group Vencorex France S.A.S. France Indirect subsidiary, 100% shareholding by indirect subsidiary Vencorex Holding France Indirect subsidiary, 90.82% shareholding by subsidiary and the Company’s management as director PTT Asahi Chemical Co., Ltd. Thailand Joint venture, 50% shareholding and the Company’s management as director PTT MCC Biochem Co., Ltd. Thailand Joint venture, 50% shareholding HMC Polymers Co., Ltd. Thailand Joint venture, 41.44% shareholding and the Company’s management as director Synthese (Thailand) Co., Ltd. Thailand Indirect joint venture, 48% shareholding by the Group GGC KTIS Bioindustrial Company Limited Thailand Indirect joint venture, 50% shareholding by subsidiary Thai Ethoxylate Co., Ltd. Thailand Indirect joint venture, 50% shareholding by subsidiary NatureWorks Asia Pacific Co., Ltd. Thailand Indirect joint venture, 50% shareholding by the Group ENTIS Co., Ltd. South Korea Indirect joint venture, 50% shareholding by the Group Emery Oleochemicals LLC United States of America Indirect joint venture, 50% shareholding by the Group until October 2021 Emery Oleochemicals UK Ltd. United States of America Indirect joint venture, 50% shareholding by subsidiary Emery Oleochemicals (M) Sdn. Bhd. Malaysia Indirect joint venture, 50% shareholding by the Group and the Company’s management as director until October 2021 NatureWorks LLC United States of America Indirect joint venture, 50% shareholding by the Group 304 PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED Form 56-1 One Report 2021
RkJQdWJsaXNoZXIy ODg4NTI=