Global Green Chemicals

What Global Green Chemicals does

Global Green Chemicals Public Company Limited (GGC) is a Thailand-domiciled, SET-listed oleochemicals producer founded in 2005 and operating as the biochemical arm of PTT Global Chemical Public Company Limited (PTTGC). The company manufactures bio-based chemicals derived from palm oil and renewable feedstocks across two manufacturing complexes in Rayong and Chonburi provinces. Its core product portfolio comprises Methyl Ester (a biodiesel feedstock meeting EN14214 European standards), Ethanol, Fatty Alcohol (a key personal-care surfactant intermediate), Refined Glycerine (pharmaceutical and food grade), and a Food Ingredients & Pharmaceutical line.

GGC operates a horizontal industrial B2B go-to-market, selling direct to enterprise customers across multiple verticals — biodiesel blenders, pharmaceutical excipient buyers, food and nutraceutical processors, personal care manufacturers, animal feed formulators, and industrial biochemical users. Revenue mechanics are predominantly transactional on negotiated quotes for bulk oleochemicals, supplemented by share-of-profit from a Fatty Alcohol Ethoxylate joint venture and a growing High Value Products (HVP) specialty chemicals segment that includes the Nutralist nutraceutical brand, Bio NutriSorb feed emulsion, C12-14 Alkyl/Benzoate cosmetic ingredient, and Biosovell industrial biochemicals. The company is monetizing sustainability differentiation through RSPO-certified traceable palm oil and a developing carbon credit program in partnership with Thaicom and Thailand's Greenhouse Gas Management Organization (TGO). In Q1 2026, GGC reported sales revenue of 5,489 million THB (up ~6% YoY), Adjusted EBITDA of 169 million THB, and a net profit of 96 million THB representing a turnaround from prior-period losses, while maintaining a debt-free balance sheet with 1,647 million THB in cash and short-term investments against total assets of 10,332 million THB at year-end 2025.

Name

Global Green Chemicals

Legal name

Global Green Chemicals Public Company Limited (บริษัท โกลบอลกรีนเคมิคอล จำกัด (มหาชน))

Website

https://ggcplc.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

251–500 employees

Short description

Global Green Chemicals is a Thai SET-listed oleochemicals producer under PTTGC Group, manufacturing bio-based Methyl Ester, Fatty Alcohol, Refined Glycerine, and specialty chemicals from palm oil for industrial B2B customers in biodiesel, pharma, food, and personal care.

Ownership category

akta.pro rank

Product category

Oleochemicals and Bio-based Chemicals

NAICS

Starch and Vegetable Fats and Oils Manufacturing (31122), Other Basic Organic Chemical Manufacturing (32519)

SIC

Fats & Oils (2070), Industrial Organic Chemicals (2860)

akta.pro primary industry

Bio-based Surfactants, Detergent Ingredients & Oleochemicals (EUAAAIAE)

akta.pro secondary industries

High-Oleic & Specialty Oilseed Oils (AFAJALAC), Industrial Alcohols & Glycols (Commodity Grade) (IMAEAAAK)

Keywords

• Oleochemicals manufacturing
• Bio-based chemicals
• Methyl ester supply
• Fatty alcohol production
• Refined glycerine

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Oleochemicals Products: GGC produces and sells bio-based oleochemical products derived from palm oil and renewable sources. Main product categories include Methyl Ester (biodiesel feedstock), Ethanol, Fatty Alcohol, and Refined Glycerine. Revenue is generated from direct sales to industrial customers in various sectors.
2. High Value Products (HVP): Specialty biochemicals including food ingredients, nutraceuticals, pharmaceutical excipients, cosmetic ingredients, and industrial biochemicals. This segment targets higher-margin applications and includes products like Nutralist supplements, Bio NutriSorb for feed, and C12-14 Alkyl/Benzoate for cosmetics.
3. Fatty Alcohol Ethoxylate (FAEO) Joint Venture: GGC holds stake in JV producing Fatty Alcohol Ethoxylate, generating share of profits from associates. Q1 2026 showed 29 million THB share of profit from this JV.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Global Green Chemicals manufactures and markets oleochemicals and renewable bio-based chemicals derived from palm oil and palm kernel oil. Its core product lines include Methyl Ester (used as biodiesel feedstock), Fatty Alcohol, Refined Glycerine, Ethanol, food and pharmaceutical-grade ingredients, and a range of high-value and sustainable derivatives sold to industrial and commercial customers worldwide.

Product overview

Global Green Chemicals (GGC) is a pioneer oleochemicals producer in Thailand under PTTGC Group, offering a portfolio of basic green chemical products including Methyl Ester (biodiesel feedstock), Ethanol, Fatty Alcohol (personal care raw material), Refined Glycerine (pharmaceutical/food grade), and Food Ingredients & Pharmaceutical products. The company operates a High Value Products (HVP) & Sustainable Products division producing specialty chemicals across four platforms: Food & Feed (including Bio NutriSorb and Nutralist supplements), Pharmaceutical (dietary supplements), Cosmetic & Personal Care (including C12-14 Alkyl/Benzoate), and Industrial Applications (including Biosovell). GGC also produces consumer products under the CHOB brand for hygiene applications.

Differentiator

Problem solved

Functional benefit

Brands

• Nutralist: Nutraceutical supplement brand under the Food Ingredients & Pharmaceutical product line, including products such as Vitamin C Plus and Phyto Activ Plus for health and wellness.
• Bio NutriSorb
• CHOB
• Biosovell

Products and services

• Methyl Ester (Biodiesel Feedstock)
• Fatty Alcohol
• Refined Glycerine
• Ethanol
• Food Ingredients and Pharmaceutical Products
• High Value Products (HVP) and Sustainable Products
• Nutralist
• Bio NutriSorb
• CHOB
• Biosovell

Named customers2 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Arthit Ourairat Institution (สถาบันอาทิตย์อุไรรัตน์)minorStrategic or Co-development Partner · 23 February 2026Education collaboration MOU connecting secondary education with industry. Students learn about green chemical industry, professional work environments, and applications of knowledge in business, innovation, and emerging technologies. Supports SDG education goals.
• Thaicom Plc (บริษัท ไทยคม จำกัด (มหาชน))coreTechnology or Integration · 28 January 2026Partnership to develop carbon credits from sustainable palm oil cultivation using satellite technology and AI for plantation monitoring and carbon sequestration measurement. GGC serves as project developer using its palm oil database for carbon credit model development. Thaicom provides CarbonWatch platform with satellite imagery and AI for carbon assessment.
• Thailand Greenhouse Gas Management Organization (TGO/องค์การบริหารจัดการก๊าซเรือนกระจก (องค์การมหาชน))coreStrategic or Co-development Partner · 28 January 2026Partnership for developing carbon credit methodology for palm oil plantations using remote sensing technology with AI. TGO provides certification standards for Thailand's T-VER (Thailand Voluntary Emission Reduction) program and oversees carbon credit verification.
• Palm Oil Farmer Community Groups (6 Groups)coreStrategic or Co-development Partner · 28 January 2026Six community enterprise groups participating in carbon credit program: AJ Sustainable Palm Oil Network, San Fun Pa Luang Phatthana Ekachon, Palm Oil Phatthana Ekachon, Palm Oil Tap Tim & Chaiyo Network, RSPO Phang Nga Palm Oil Producers Community, and Trang Sustainable Palm Oil Growers Network. These groups provide palm oil plantations for carbon sequestration monitoring.
• GIZ Thailand (Deutsche Gesellschaft für Internationale Zusammenarbeit)coreStrategic or Co-development Partner · 1 January 2024Partnership on SPOPP CLIMA (Sustainable Palm Oil Production and Procurement Project for Mitigation and Adaptation) to promote sustainable palm oil production and reduce climate change impacts. GIZ provides technical support and funding for training farmers in low-carbon palm oil production using CLIMAX Pro tool.
• Thai Red Cross Society (สภากาชาดไทย)minorOthers · 24 April 2021Recipient of Green Health Project donations for 5 consecutive years. Receives alcohol spray products for disaster relief kits and public health activities. GGC donates CHOB brand products through Standard Manufacturing partnership.
• Standard Manufacturing Co., Ltd. (บริษัท สแตนดาร์ด แมนูแฟคเจอริ่ง จำกัด)coreStrategic or Co-development Partner · 24 April 2019Business partnership for 6 consecutive years producing CHOB brand hygiene products including alcohol gel, spray, and hand wash. GGC provides food-grade glycerine as key ingredient. Partnership extended annually supporting public health initiatives.

Scale indicators15 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Evonik Industries: German specialty chemicals major with oleochemicals-adjacent products (esters, surfactants, glycerine derivatives) serving personal care, pharma, and industrial markets. Broader portfolio but overlapping customer base and sustainability positioning.
• Wilmar International: Asia's largest palm oil and oleochemicals processor with vertically integrated plantations, refining, and downstream specialty chemicals. Comparable to GGC as a fellow Asian oleochemicals producer selling Methyl Ester, Fatty Alcohol, and glycerine into biodiesel, personal care, and food customers — but at materially larger scale.
• Croda International: UK-listed specialty chemicals leader with a substantial oleochemicals and bio-based personal care ingredients portfolio. Comparable to GGC in the HVP/specialty pivot, but with much larger global scale and premium customer base.
• BASF: World's largest chemical company with bio-based and oleochemicals offerings across care chemicals, nutrition, and industrial segments. Overlaps with GGC in fatty alcohol/glycerine end-uses and serves as the dominant supplier benchmark for HVP customers.

Direct peers

• IOI Corporation: Malaysian integrated palm oil and oleochemicals producer with downstream fatty acids, fatty alcohols, and glycerine. Direct competitor to GGC in palm-derived oleochemicals serving personal care, food, and biodiesel customers across Southeast Asia.
• Musim Mas: Indonesian integrated palm oil group with significant oleochemicals capacity, producing fatty alcohols, fatty acids, and glycerine. Direct competitor to GGC across biodiesel feedstock, personal care, and industrial chemical segments.
• Emery Oleochemicals: Specialty oleochemicals producer with plants in Malaysia and the US, focused on fatty acids, fatty alcohols, and bio-based polyols. Closely matches GGC's specialty/high-value product positioning in personal care, food, and industrial applications.
• Kuala Lumpur Kepong (KLK) Oleo: Oleochemicals division of KLK, producing fatty alcohols, fatty acids, and esters from palm oil. Highly comparable to GGC in feedstock, product portfolio (Methyl Ester, fatty alcohol, glycerine), and target markets (cosmetics, detergents, food).
• AAK (Aarhuskarlshamn): Swedish-Danish specialty oils and oleochemicals company supplying food, personal care, and technical customers. Comparable to GGC in its pivot toward higher-margin specialty ingredients from base oils and fats.

Others

• PTT Global Chemical (PTTGC): Parent company of GGC and Thailand's largest petrochemical producer, with overlapping oleochemicals and specialty chemical operations. Listed as a peer because it shares feedstock pipelines, customer relationships, and competing capacity in similar end-markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/globalgreenchemicalsrecruit

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Global Green Chemicals