GC One Report 2023 [EN]

GC produces VAO through Global Green Chemical Public Company Limited (GGC) and EMERY Oleochemicals UK Limited (EOUK). A joint venture between PTTGC International Private Limited (GC Inter), which is a subsidiary of GC, and Sime Darby Plantation Bhd. (SDP), Malaysia, EOUK is headquartered in Britain and operates plants in two countries, namely Germany and the United States. EMERY is a world-class producer and distributor of oleochemicals with a sales and distribution network present in all key geographical regions. The nameplate capacities of the domestic and overseas commercial plants for each product are as shown in the table below. Policy and Marketing The demand for eco-friendly products has been rising thanks to greater environmental awareness and campaigns. In addition, it is expected that green technologies and chemicals will replace current ones in the sphere of health and personal care products. As a result, many countries are actively seeking alternative energy, reducing the use of synthetic chemicals, and looking for substitutes that consist of or are made of natural ingredients, while customer demand across the world for commodity goods featuring or produced from renewable natural feedstock has shown an upward trend. GC recognizes the significance of the value addition to agricultural products and the sustainable growth of the green chemical industry and strives to become a world-class green chemical operator that stands out in every market it operates in. GGC’s main product is methyl ester, almost all of which is sold to domestic high-speed diesel manufacturers and blenders. Methyl ester is sold directly to customers through purchase agreements with clearly specified terms. Fatty alcohol is sold both domestically and internationally, with primary customers being commodity product manufacturers, oleochemical operators, as well as traders and distributors who subsequently sell fatty alcohol to their customers. The principal domestic customer is Thai Ethoxylate Co., Ltd. (TEX), while international customers are based on various countries in Asia, Europe, South Africa, and South America. Glycerin is sold to manufacturers and distributors of health and personal care products and in other industries both domestically and internationally both via distributors and direct sale. Customers include multinational corporations (MNC) in the domestic medical supply and hygiene industry and large pharmaceutical companies in South Asia. Products manufactured by EMERY, which has sales offices and production bases in various countries, are distributed both by its national sales offices directly to customers and through its channel partners. Company Product Nameplate Capacity (thousand tons per year) GGC Methyl Ester 500 Fatty Alcohol 100 Fatty Alcohol Ethoxylate 124 Glycerin 51 EMERY Basic Oleochemicals in US 291 Specialty Oleochemicals in US 48 Specialty Oleochemicals in EU 46 60

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