properties, such as durability, flexibility, color retention, resistance to scratches, chemical corrosion, water, and sunlight, and aesthetic quality. Production is carried out through allnex Holding GmbH (“allnex”), a wholly owned subsidiary of PTTGC International (Netherlands) B.V. The products in this group can be divided into four major categories: 1) liquid resins and additives (LRA), 2) radcure (RAD), 3) crosslinkers (XLR), and 4) powder coating resins (PCR). allnex has 34 production bases across 18 countries worldwide. Hexamethylene Diisocyanate (HDI) and HDI Derivatives HDI is an intermediate petrochemical used in the production of PU coating, which plays a prominent role in construction and automotive industries. PU coating can also be applied to wood, metals, plastics, furniture, and vehicles to enhance their glossy and scratchresistant properties. GC produces HDI and HDI derivatives through Vencorex Holding SAS (Vencorex), which is wholly owned by PTTGC International (Netherlands) B.V. Super Engineering Plastic Polyamide (PA9T) and Hydrogenated Styrenic Block Co-polymers (HSBC) PA9T and HSBC are produced through the joint venture Kuraray GC Advanced Materials Co., Ltd. (KGC), which has a production base in Thailand. GC has a 33.4% shareholding in the company, and the other 66.6% is held by a joint venture between Kuraray Company Limited (Kuraray) and Sumitomo Corporation. PA9T is considered super engineering plastic and has outstanding physical properties, including superior strength, toughness, heat resistance, and chemical resistance compared to other plastics in the same category. It can also be molded into small products with intricate details, in line with the needs of the automotive industry for strong and lightweight materials to achieve fuel efficiency and the electronics industry’s demand for plastic with high heat resistance and moldability. At present, Kuraray’s proprietary production technology is currently the only one in the world capable of producing PA9T. HSBC’s properties are a blend of those of rubber and thermoplastic. This means it can be molded into a product and reused similar to thermoplastics, while also providing rubber-like softness. Additionally, it boasts resistance to weather condi t ions and temperatures and is free from harmful additives. HSBC is produced into various end-products, such as household appl iances, sports equipment, and automotive parts. The production of HSBC also utilizes Kuraray’s technology. The nameplate capacities for performance chemicals are as shown in the table below. Company Product Nameplate Capacity (thousand tons per year) allnex Coating resins and additives 1,297 Vencorex Hexamethylene Diisocyanate (HDI) and HDI derivatives 127 KGC Super Engineering Plastic Polyamide (PA9T) 13 Hydrogenated Styrenic Block Co-polymers (HSBC) 16 62
RkJQdWJsaXNoZXIy ODg4NTI=