SCG Chemicals

What SCG Chemicals does

SCG Chemicals Public Company Limited (SCGC), established in 1984 as part of Siam Cement Group (SCG), is one of ASEAN's largest integrated petrochemical companies. The company operates a fully integrated value chain from upstream olefins production (using naphtha, ethane, and propane feedstock) through intermediate polymers to finished downstream solutions. Its core product portfolio spans polyethylene (HDPE, MDPE, LLDPE, LDPE, PE Wax, XLPE compounds), polypropylene (homopolymer, random copolymer, impact copolymer), polyvinyl chloride (PVC resin and paste resin), and thermoplastic elastomer compounds. The company serves industrial manufacturers, polymer converters, and brand owners across seven primary end-use segments: agriculture and aquaculture, packaging and container manufacturing, building and infrastructure, consumer products, automotive and mobility, healthcare and well-being, and industrial solutions. Geographic operations span Thailand (Map Ta Phut, Rayong, Bangkok), Vietnam (Long Son), Portugal (Sirplaste), and the Netherlands (Kras Recycling), with 10,000+ employees and an SCG Chemicals Trading subsidiary in Singapore managing international polymer trade.

The business model centers on B2B hardware sales of polymer resins and downstream products through direct enterprise sales teams and authorized distributor networks, supplemented by transaction-fee revenue from chemical recycling services. Pricing is quote-based and negotiated by volume, contract terms, and prevailing market conditions. SCGC generates revenue across five primary streams: petrochemical products (PE, PP, PVC), Green Polymer sustainable products, SCG Solutions downstream products (pipes, packaging, automotive parts), circular economy services, and digital solutions via REPCO NEX. Notable proprietary technologies include SMX HDPE reinforcement technology, chemical recycling converting multilayer packaging waste into virgin-quality feedstock, CCUS capabilities, floating solar mounting systems, and the DRS digital reliability solution. Recent strategic emphasis has been on circular economy leadership, with Green Polymer targets escalating to 1 million tonnes annually by 2030, supported by European recycling acquisitions and partnerships with global brand owners like Unilever Thailand, Taokaenoi, and Dow Thailand for food-grade circular packaging applications.

Name

SCG Chemicals

Legal name

SCG Chemicals Public Company Limited (บริษัท เอสซีจี เคมิคอลส์ จำกัด (มหาชน))

Website

https://scgchemicals.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

SCG Chemicals (SCGC) is a subsidiary of Siam Cement Group and one of ASEAN's largest integrated petrochemical companies, producing olefins, polyethylene, polypropylene, and PVC polymers. It serves industrial manufacturers, converters, and brand owners across packaging, building, automotive, healthcare, and agriculture sectors globally.

Ownership category

akta.pro rank

Headquarters

HQ city

Bang Sue

HQ country

Thailand

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Petrochemical Products (PE, PP, PVC): Production and sale of primary polymer resins including HDPE, MDPE, LLDPE, LDPE, PE Wax, XLPE, LLDPE Compound, HDPE Compound, MDPE Compound, PP Homopolymer, PP Random Copolymer, PP Impact Copolymer, PVC Resin, PVC Paste Resin, and Special Compounds (TPE Compounds). Products serve infrastructure, packaging, automotive, medical, and consumer goods sectors.
2. Green Polymer / Sustainable Products: Sale of environmentally friendly polymer products through the GREEN POLYMER brand covering recycled, recyclable, and renewable plastic solutions. Target of 1 million tonnes per year of green polymer sales by 2030.
3. SCG Solutions (Downstream Products): Wide range of downstream solutions including pipes, wire and cable, packaging, consumer products, automotive parts, healthcare products, industrial solutions, and additives sold under SCG Solutions brand. Covers sectors from agriculture and aquaculture to building infrastructure, mobility, and health.
4. Circular Economy Services: Chemical recycling services converting plastic waste into recycled feedstock; joint waste management programs with municipalities; community waste bank programs. Revenue generated through recycled plastic resin sales and processing fees.
5. Digital Solutions (REPCO NEX): Digital solutions service for industrial factories including DRS (Digital Reliability Solution) for machine efficiency management, offered as a comprehensive industrial digitalization service.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

SCG Chemicals (SCGC) is an integrated petrochemicals producer that manufactures and sells polyethylene (HDPE, MDPE, LLDPE, LDPE), polypropylene (homopolymer, random copolymer, impact copolymer), PVC (resin and paste resin), specialty compounds (PE Wax, XLPE, TPE compounds), and a GREEN POLYMER portfolio of recycled and renewable polymers. The company extends into downstream finished solutions (pipes, packaging, cables, healthcare products, industrial digital solutions) under the SCG Solutions brand and the SCGC Floating Solar, elixir, WINDSOR, Varogard, and DRS by REPCO NEX brands.

Product overview

SCG Chemicals (SCGC) is a comprehensive ASEAN chemical leader offering a diversified portfolio of polymer products and solutions. The core product lineup includes polyethylene resins (HDPE, MDPE, LLDPE, LDPE, PE WAX, XLPE compounds), polypropylene resins (Homopolymer, Random Copolymer, Impact Copolymer), PVC resins (Resin, Paste Resin), and TPE Compounds. The portfolio is complemented by technology brands including WINDSOR (vinyl windows), Varogard (healthcare), SMX™ Technology (reinforced polymers), Shinkolite (acrylic sheets), SCGC Floating Solar Solutions, i2P Center (innovation hub), elixir™ (specialty polymers), and DRS by REPCO NEX (digital solutions). SCGC GREEN POLYMER™ represents their sustainability-focused recycled and renewable polymer offerings. The products serve diverse end markets including packaging, construction, automotive, healthcare, agriculture, and industrial applications.

Differentiator

Problem solved

Functional benefit

Brands

• WINDSOR: Premium vinyl door and window system brand with over 40 years of experience, developed specifically for Thai living
• Varogard
• SMX Technology
• Shinkolite
• SCGC Floating Solar Solutions
• i2P Center
• elixir
• DRS by REPCO NEX
• Green Polymer
• SCGC Green Polymer PCRLB02P
• SCGC HDPE H619F
• emisspro

Products and services

• SCGC HDPE (High-Density Polyethylene) High-density polyethylene resin used in packaging, construction, and industrial applications, including specialty grades like H619F for MDO-PE mono-material packaging films.
• SCGC MDPE (Medium-Density Polyethylene) Medium-density polyethylene resin for various industrial and consumer applications.
• SCGC LLDPE (Linear Low-Density Polyethylene) Linear low-density polyethylene resin for flexible packaging applications.
• SCGC LDPE (Low-Density Polyethylene) Low-density polyethylene resin for general packaging and industrial use.
• SCGC PE Wax Polyethylene wax used for adhesives, coatings, and processing aids.
• SCGC XLPE Compound (Cross-Linked Polyethylene) Cross-linked polyethylene compound used for wire and cable insulation.
• SCGC PP Homopolymer Polypropylene homopolymer for automotive, packaging, and industrial applications.
• SCGC PP Random Copolymer Polypropylene random copolymer offering clarity and flexibility for packaging.
• SCGC PP Impact Copolymer Polypropylene impact copolymer for automotive and appliance applications requiring toughness.
• SCGC PVC Resin Polyvinyl chloride resin for construction, pipes, and profiles.
• SCGC PVC Paste Resin Polyvinyl chloride paste resin for coatings, flooring, and artificial leather.
• TPE Compounds Thermoplastic elastomer compounds for automotive, consumer goods, and industrial applications.
• SCGC GREEN POLYMER Environmentally-friendly polymer product line covering Recycle, Renewable, and Reduce solutions for circular economy applications; target of 1 million tonnes/year of green polymer sales by 2030.
• WINDSOR Vinyl Window and Door System Premium vinyl window and door system with over 40 years of experience, developed specifically for Thai housing and living conditions.
• Varogard Antimicrobial Series Antimicrobial polymer products protecting health and well-being in daily life applications.
• SMX Technology (Reinforced HDPE) Proprietary technology that makes HDPE plastic pellets stronger while reducing the amount of plastic used in manufacturing.
• Shinkolite Acrylic Sheets Premium quality transparent acrylic sheets that are environmentally friendly.
• SCGC Floating Solar Solutions Thailand's first floating buoys and mounting systems for installing solar panels on water bodies.
• elixir Specialty Polymer for Water Tanks Specialty polymer for water tank manufacturing certified to FDA, EU, and SAI Global international standards.
• DRS by REPCO NEX (Digital Reliability Solution) Comprehensive digital solutions service for industrial factory machine efficiency management, described as the world's first such service for the industrial sector.
• emisspro Industrial Gas Efficiency Solution Industrial gas combustion efficiency solution helping plants reduce energy costs and improve combustion efficiency; achieved over $3.46 million/year in energy cost savings at a leading gas plant in China.

Quantifiable outcome

• 99% plant-wide reliability achieved within six months using AVEVA predictive analytics
• +8 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature11 records

Partnerships

13 partnerships are on record, tiered core and minor.

• IEAT (Industrial Estate Authority of Thailand)coreStrategic or Co-development Partner · 22 July 2026SCGC signed MOU with IEAT to drive Closed-Loop resource management at Map Ta Phut Industrial Complex, positioning it as a circular economy model. The partnership aims to reduce waste, increase resource circulation, and improve industrial waste management across the estate.
• ThaiWater Platform / Department of Water ResourcesminorGTM or Marketing Partner · 21 July 2026SCGC supports the ThaiWater national water data platform and ThaiWater Challenge program to elevate Thailand's water data quality while promoting youth awareness of climate change.
• Map Ta Phut MunicipalityminorGTM or Marketing Partner · 14 July 2026SMART MAPTAPHUT AI project — SCGC collaborates with Map Ta Phut Municipality to transfer AI knowledge and enhance public service efficiency through digital tools and data analytics.
• FTI (Federation of Thai Industries)minorStrategic or Co-development Partner · 28 June 2026SCGC, FTI, and IEAT jointly committed to supporting waste management entrepreneurs in obtaining Eco Factory for Waste Processor certification. Part of sustainable supply chain development under the BCG Economy model.
• PTTcoreStrategic or Co-development Partner · 1 May 2026SCG Chemicals is studying a potential joint venture with PTT as part of its strategy to address supply disruptions and promote long-term industry sustainability. The partnership aims to ensure feedstock security and promote long-term sustainability in Thailand's petrochemical sector.
• Dow Thailand GroupcoreStrategic or Co-development Partner · 5 March 2026Strategic collaboration under the 'Food-Grade Circular Packaging by Advanced Recycling Technology' initiative. Dow Thailand, SCGC, and Taokaenoi formalized an MOU where SCGC uses its advanced recycling capabilities to convert post-industrial multilayer packaging materials from Taokaenoi's snack production into circular feedstock for new food-grade packaging applications.
• Taokaenoi Food & MarketingcoreStrategic or Co-development Partner · 5 March 2026Partner in the 'Food-Grade Circular Packaging by Advanced Recycling Technology' initiative with Dow Thailand and SCGC. Taokaenoi provides post-industrial multilayer packaging waste which SCGC converts into circular feedstock for food-grade packaging.
• AVEVAcoreTechnology or Integration · 18 December 2025SCG Chemicals deployed AVEVA's predictive analytics software, achieving 99% plant-wide reliability and 9x ROI within six months. AVEVA cited SCG Chemicals as a key case study demonstrating the effectiveness of unified data platforms and AI integration in petrochemical operations, particularly in the context of the LNG infrastructure buildout.
• Sasin School of ManagementminorGTM or Marketing Partner · 24 June 2023SCGC co-organized the SCG Bangkok Business Challenge @ Sasin Global Competition 2023, a worldwide startup business plan competition for students under the theme 'Growing Impactful Ventures'. Positioning SCGC as a supporter of innovation and sustainability entrepreneurship.
• BBGI Public Company LimitedminorStrategic or Co-development Partner · 1 March 2023Partnership among Thailand-based biofuel company BBGI, SCG Chemicals, and QTC Energy to jointly develop and trial bio transformer oil production in Thailand. Aims to develop sustainable bio-based transformer oil using BBGI's biofuel expertise and SCGC's polymer/chemical capabilities.
• QTC Energy Public Company LimitedminorStrategic or Co-development Partner · 1 March 2023Partnership with BBGI and SCG Chemicals to jointly develop and trial bio transformer oil production. QTC Energy contributes energy sector expertise to the collaboration with BBGI's biofuels and SCGC's chemical capabilities.
• Recycling Holding Volendam BV (Kras)coreStrategic or Co-development Partner · 20 January 2023SCGC acquired 60% stake in Recycling Holding Volendam BV (Kras) through SCG Chemicals Trading (Singapore). Kras is a Dutch waste management company with 70+ years experience, able to source and collect 160,000 tonnes of plastic waste annually and produce 9,000 tonnes of recycled plastic pellets, with expansion plans. This acquisition strengthens SCGC's circular economy business and Green Polymer portfolio in Europe.
• Sirplaste (Ciplás)coreStrategic or Co-development Partner · 20 January 2022SCGC invested in Sirplaste, Portugal's leading recycled plastic manufacturer with 50+ years of experience, with 45,000 tonnes per year recycled plastic pellet capacity. Sirplaste serves as SCGC's base for the European recycled plastics market.

Scale indicators23 records

Recent moves7 records

Expansion highlights8 records

Direct peers

• PTT Global Chemical: Thailand's largest integrated petrochemical company producing olefins, PE, PP, and specialty chemicals. Closest direct peer — SCGC is currently studying a JV with PTT — competing in the same Thai and ASEAN markets with overlapping polymer portfolios.
• Indorama Ventures: Thai-headquartered integrated petrochemical and recycling giant producing PET, olefins, and downstream polymers with global footprint. Comparable ASEAN petrochemical platform with comparable circular-economy investments.
• Formosa Plastics Corporation: Taiwan-based integrated PVC and polyolefin producer with ASEAN and U.S. operations. Directly comparable product mix (PVC + PE/PP) and Asian downstream focus.
• Braskem: Latin America's largest petrochemical producer integrated from feedstocks to PE, PP, and PVC, also a pioneer in bio-based polymers. Comparable on integrated polyolefins platform and on circular/bio-polymer strategy.

Broad incumbents

• Dow Inc. Global integrated chemicals leader producing olefins, PE, and polyolefins at massive scale. Direct competitor in PE/polyolefins and a current SCGC partner on the Food-Grade Circular Packaging initiative in Thailand.
• LyondellBasell Industries: World's largest polyolefins producer with integrated olefins and PE/PP operations globally. Directly comparable on polyolefin technology, scale economics, and feedstock integration.
• BASF SE: Global integrated chemicals giant producing olefins, polymers, and specialty chemicals. Comparable on integrated petrochemical value chain and on chemical-recycling/circular-economy initiatives.
• SABIC: Saudi integrated petrochemical major producing olefins, PE, PP, PVC and engineering plastics. Comparable in scale, integrated production, and in serving Asian polymer markets.
• Reliance Industries (Polyolefins): India-based integrated petrochemicals platform producing olefins, PE, PP, and PVC at world scale. Comparable on integration depth, scale economics, and emerging-Asia growth focus.
• INEOS Group: Privately held global integrated chemicals producer with leading olefins and polyolefins positions in Europe and North America. Comparable on private integrated petrochemical scale and European downstream presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/scgchemicals
• Facebookfacebook.com/AllAroundPlastics
• LinkedInlinkedin.com/company/scgchemicals

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SCG Chemicals