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ABCTL- Advanced Materials - GPSC Steam Purchase Agreements to Strengthen Utilities Stability

11 Sep 2024

Mr. Sirimet Leepagorn, Chief Operating Officer of Global Power Synergy Public Company Limited (GPSC), an innovative power flagship of PTT Group, and Mr. Yuvraj Patil, President, Aditya Birla Chemicals (Thailand) Limited (Advanced Materials), which is a part 100 billion USD Aditya Birla Group, have recently signed the steam purchase agreements for the existing Phase-1 and the greenfield expansion project at Phase-2. ABCTL-Advanced Materials, a globally renowned manufacturer and supplier of various epoxy resin products and systems for industries worldwide, including innovations such as Bio-Sources raw materials and Recyclamine Technology. The plants, located in Map Ta Phut, Rayong Province, are undergoing expansions at both Phase-1 and Phase-2. These agreements reflect a confidence in GPSC’s expertise and stability in production processes, aligning with the growing demand for ABCT. This partnership also strengthens ABCT AM’s leadership in the global epoxy resin business, while ensuring long-term utility stability. The contract is for a duration of 15 years. The signing ceremony took place at the Amari Pattaya Hotel, Chonburi Province.

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