PP Distribution for CLMVI
On March 18, 2020, HMC Polymers and GC Marketing Solutions Company (GCM), the marketing subsidiary of PTT Global Chemical Public Company (GC) (an HMC joint venture associate) entered into an agreement for the distribution by GCM of Polypropylene products produced by HMC in the strategic CLMVI national markets of Cambodia, Laos, Myanmar, Vietnam and Indonesia.
Mr. Siridech Kumvongdee, President of HMC Polymers and Mr. Thitipol Artsanchorn, President of GC Marketing Solutions Company (GCM), signed the Amendment Distributorship Agreement for the distribution of polypropylene products in these key CLMVI countries in S.E. Asia. The agreement targets the expanding business throughout the region addressing the needs of manufacturing customers seeking the latest technology PP grades. The agreement to market state-of-the-art PP from HMC adds a vital category to the broad-based polymer portfolio offered by GCM and provides HMC with the benefit of GCM's presence and reach across the region.
GC Marketing Solutions Company (GCM), formerly PTT Polymer Marketing Company Limited (PTTPM), is a subsidiary of PTT Global Chemical Public Company (GC), and was founded in June 2005 as a marketing arm for GC, Thailand's largest petrochemical and refining company and a joint venture associate of HMC Polymers.
PTT Global Chemical Public Company (GC), Thailand's largest company, is comprised of diversified and comprehensive petrochemical businesses, including manufacturing and distribution of upstream, intermediate, and downstream petrochemical products.