SCG Chemicals


scg-logoSCG embarked upon the chemical business in 1989. At present, SCG Chemicals manufactures and supplies a wide range of petrochemicals products from upstream – Olefins, intermediates – Vinyl Chloride Monomer, Styrene Monomer, Purified Terephthalic Acid (PTA) and Methyl Methacrylate Acid (MMA), to downstream – Polyethylene, Polypropylene, Polyvinyl Chloride (PVC), and Polystyrene. SCG Chemicals is one of the largest integrated petrochemical producers in Thailand and an industry leader in Asia Pacific.

SCG Chemical enter into successful joint ventures with the world’s leading companies namely US-based The Dow Chemical Company, Japan-based Mitsui Chemicals, Inc. and Mitsubishi Rayon Co., Ltd. It has continuously expanded its investment and production base in ASEAN including the share acquisition of PT Chandra Arsi Petrochemical Tbk. In Indonesia and the investment agreement in Long Son Petrochemicals Co., Ltd. To conduct feasibility study of Vietnam’s first fully integrated petrochemical complex.

The Company relentlessly advances its products to serve customers in 120 countries and strives for operational excellence through the best-in-class TPM and TQM practices and Eco Factory. The commitment to productivity, quality, and safety and environmental management has won SCG Chemicals many prestigious prizes and awards, for example, the Deming Application Prize from the Union of Japanese Scientists and Engineers (JUSE), the TPM Advanced Special Award from Japan Institute of Plant Maintenance (JIPM), the Prime Minister’s Best Industry Award from Ministry of Industry, the Thailand Energy Award from Ministry of Energy, and the Outstanding Award for Safety, Occupational Health and Working Environment from Ministry of Labor.

SCG Chemicals Consolidated Financial Information

2013 2012 2011 2010 2009
Information from Statements of Financial Position
Current assets * 51,321 46,423 43,257 38,178 31,339
Assets * 192,063 176,837 176,583 165,087 165,964
Liabilities * 109,273 99,968 95,884 93,875 96,998
Shareholders’ equity 82,790 76,869 80,699 71,212 68,966
Information from Income Statement
Revenue from sales 209,997 203,539 192,929 144,317 101,115
Cost and expenses 202,921 206,946 192,642 138,380 89,407
Profit for the year without non-recurring items ** 11,292 2,690 9,762 12,641 12,681
Profit for the year *** 11,292 2,690 11,190 22,609 12,556
EBITDA **** 20,342 8,628 14,394 16,024 19,482

* The figure for year 2011 is restated for comparative purpose with 2012.
** Profit before sales of investments, allowance for impairment of investments and others – net of income tax expense.
*** Profit for the year attributable to owners of the parent.
**** Profit before finance costs, income tax expense, depreciation and amortization and includes dividends rom associates.

SCG Chemical