New products expected to account for 60% of earnings by 2030
Global Green Chemicals Plc (GGC), the biochemical arm of PTT Global Chemical (PTTGC), has allocated a capital budget of 2.5 billion baht to develop new oleochemical-based products to earn more revenue.
Oleochemicals are a feedstock for cosmetic products, including skincare, and some food supplements.
Newly appointed managing director Kridsada Prasertsuka said the company is selecting the types of products to develop and wants to decide on potential partners.
A decision should be made by the middle of…
