Furthermore, GC also supports the development of innovation, encourages the establishment of long-term cooperation with networks, third-party agencies or experts, and enhances employee capacity and capabilities. In 2023, GC has implemented various innovation projects, such as InnoPlus Solution Center which connects business networks across the value chain and promotes collaborative development of production innovation. Memorandum of Understanding (MOU) on Synthetic Biology Research and Development with the School GC also targets to leverage innovation to improve production processes (Process Innovation) and develop products (Product Innovation) to meet the needs of customers and the market while endeavoring to achieve environmentally friendly production processes. Such of Biomolecular Science and Engineering (BSE), Vidyasirimedhi Institute of Science and Technology (VISTEC) to research and develop Biomolecular Engineering and Synthetic Biology in an effort to expand into high-value businesses, such as Green Business and Bio Specialty Business. GC Ventures which aim to seek technology and opportunities to make direct and indirect investments with focus on Decarbonization technology, Advanced Materials, Biotech & Life Science, Clean Technology and Digital Platforms, etc. For more information on innovation management goals is available at: Additional information is available in the 2023 Integrated Sustainability Report. Page 129 Additional information on GC's sustainable operations is available in the 2023 Integrated Sustainability Report. efforts have been manifested in the form of various projects such as OLE Online Heater Cleaning, Heavy Residue Upgrading to Carbon Black Feedstock, B-LEAP, CSD Cap Grade for New Design (Light Weight), and Collation Bundling Shrink Film. 109 PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED Form 56-1 One Report 2023
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