On 2 August, top executives from PTT Global Chemical Public Company Limited (PTTGC) and GC Maintenance and Engineering Company Limited (GCME) led by Mr. Toasaporn Boonyapipat, PTTGC President and AGC Vinythai Vice Chairman of the Board of Directors, paid a visit to Sakura project at MTP1 where AGC Vinythai top managements led by Mr. Tomotaka Yoshikawa, Managing Director gave them a warm welcome.
After being shared about the overview of Sakura project, the visitors were brought to construction area to learn about progress of the project explained by Mr. Koji Abe, Senior Vice President, Mr. Chokpinid Lomkamdee, PVC Division Manager and Expansion Project Division Manager, and Mr. Patarawat Pathomtuppmongkol, Project Manager of GCME.
This is the first time that the top executives of both companies visiting Sakura project which is constructing VCM and PVC plants. The new plants are expected to start up within mid of 2025.
(30 July 2024, The United States of America) 100% bio-based coatings are now one step closer as AGC Vinythai’s research project with Prof. Mojgan Nejad at Michigan State University (MSU) moves into its next phase. For this second phase, the partners are joined by allnex, a global leader in industrial coatings resins.
The second stage of the project started in November 2023 when allnex also came on board. allnex is a global leader in specialty polymers for industrial coatings, composites and adhesives, headquartered in Frankfurt, Germany.
Mr. Masayoshi Namba, Business Director, AGC Vinythai said, “Innovation and sustainability are key values for AGC Vinythai and EPINITY® is a leading example in our product portfolio. By working with partners, we are continuously improving the sustainability of our products.”
Professor Mojgan Nejad from Michigan State University said, “We are thrilled to share the exciting collaboration between MSU, AGC Vinythai and allnex to develop a biobased epoxy coating. By completely replacing Bisphenol A with technical lignins and using bio-based epichlorohydrin from AGC Vinythai, we’re paving the way for greener, more sustainable coatings.”
Florian Lunzer, Director, Strategic Research, allnex said, “As a leader of industrial coating resins, allnex focusses on innovative chemistry to meet the needs our customers and advance sustainability. We are pleased to collaborate with MSU and AGC Vinythai to bring lower carbon footprint and Bisphenol A free epoxy solutions to the markets we serve.”
The project is expected to run until October 2026.
AGC Vinythai Plc. has recently received the Made in Thailand (MiT) certification for PVC resin.
AGC Vinythai is the first PVC manufacturer who was granted the MiT certification from The Federation of Thai Industries. The company is committed to supporting its customers in competing with imported PVC products and approaching the new market in government sector with concreate action.
On 17 May 2024, Mr. Tatsuo Momii, President of AGC Chemicals Company, and Mr. Tomotaka Yoshikawa, Managing Director of AGC Vinythai, extended their congratulation to Mr. Narongsak Jivakanun on his new appointment as CEO of PTT Global Chemical Public Company Limited (GC) at Energy Complex, Bangkok.
Mr. Narongsak is a successor of Dr. Kongkrapan Intarajang, who has been recently appointed to assume the position of CEO and President of PTT Public Company Limited (PTT). GC is one of AVT’s major shareholders, who holds 32.72% of the shares (as of 31 December. 2023,) and is a leading petrochemical manufacturer, who supplies ethylene to AVT for PVC production.
(from left) Prasan Sangpaiboon, Coral Conservation Foundation supported by AGC Vinythai Plc.; Professor Dr. Voranop Viyakarn, Director of Aquatic Resources Research Institute of Chulalongkorn University; Ukkrit Satapoomin, Director of Marine Resources Conservation Division of Marine and Coastal Resources Department; Chaiwat Limlikit-aksorn, Director of the Office of National Parks of National Parks, Wildlife and Plant Conservation Department; Associate Professor Wichaladda Aunsa-ad, Dean of Faculty of Science and Technology of Rambhai Barni Rajabhat University; Tomotaka Yoshikawa, Managing Director of AGC Vinythai Plc.
Because the collaboration in rehabilitating marine and coastal resources (Phase 3) since 2019 has been bearing fruits, all six partners which are Department of Marine and Coastal Resources, Department of National Parks, Wildlife and Plant Conservation, Rambhai Barni Rajabhat University, Aquatic Resources Research Institute, Chulalongkorn University, Coral Conservation Foundation supported by AGC Vinythai Plc. and AGC Vinythai Plc., jointly renewed the MoU for continuously expanding coral restoration on 29 March, 2024 at Sukhothai Hotel, Bangkok. The success of the collaboration could mitigate the loss of biodiversity, make a better living for locals in coastal areas from fishing and eco-tourism, and provide economic and social benefits to Thailand.
In the MoU, all partners agreed to give coordination in sharing knowledge and expertise for supporting local conservationists in coral rehabilitation and area management for conservation. It aims to conserve corals and ensure sustainable use of valuable marine resources. Moreover, all parties committed to raise youths’ awareness in marine and coastal resources protection. The MoU will be valid 4 years but reviewed every 2 years.
During past 5 years, AGC Vinythai Coral Cultivation Project (Phase 3) was expanded and established in 6 new coastal areas. They are Kood and Mak islands in Trat province, Sichang and Kledkaew islands in Chonburi province, Kai island in Chumporn province and Payam island in Ranong province. The company and its foundation truly realize that the key to success for this social project is strong cooperation among all partners in sharing knowledge, expertise and resources with great determination, dedication, and contribution.
“AGC Vinythaiwill continue seeking for more cooperation from any party who shares the same goal in creating a sustainable society for not only people today but generations to come. Sustainability is not your business, but our business,” confirmed Tomotaka Yoshikawa, Managing Director of AGC Vinythai Plc.
“Throughout 20 years of our journey, we have come this far because of great support from all partners. So, I would like to extend my deep thankfulness to all partners for working shoulder to shoulder with us. We will hold hands more tightly to achieve our mission for our sustainable world,” expressed Prasan Sangpaiboon, Chairman of Coral Conservation Foundation supported by AGC Vinythai Plc.
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