commercial production in the end of 2024. PTTMCC is a joint venture with Mitsubishi Chemical Corporation (MCC), established for the production and distribution of polybutylene succinate (PBS), an environment-friendly product composable in ambient temperature. PTTMCC is the world’s sole producer of BioPBS, owning a plant in Rayong with a capacity of 20,000 tons per year. The capacities of commercial plants in Thailand and abroad under the Green Chemicals Business Unit are shown in the table below: Company Product Nameplate Capacity (thousand tons per year) GGC Methyl Ester 500 Glycerin 51 Fatty Alcohol 100 Fatty Alcohol Ethoxylate 124 Emery Basic Oleochemicals in US 291 Specialty Oleochemicals in US 48 Specialty Oleochemicals in EU 46 NatureWorks Polylactic Acid (PLA) 150 PTTMCC Polybutylene Succinate (PBS) 20 FEEDSTOCK SOURCING GGC’s primary feedstocks for the production of methyl ester, fatty alcohol, and glycerin, are palm oil and palm kernel oil. These are generally sourced domestically to support domestic agriculture and related industries. PTTMCC’s primary feedstocks for the production of BioPBS are Bio Succinic Acid (BSA) and 1, 4 Butanediol (BDO), both of which must be imported as there is no domestic manufacturer yet. 51 BUSINESS OPERATION AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL REPORTS AND FINANCIAL STATEMENTS APPENDIX
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