1 Among PTTGC's many new outlays are its olefins reconfiguration project and downstream projects, expected to be operational soon. PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical producer, is considering yet another asset acquisition after it acquired Vinythai Plc, a polyvinyl chloride (PVC) maker, through a delisting tender offer two weeks ago. PTTGC chief executive and president Kongkrapan Intarajang said the company is in negotiations with downstream petrochemical manufacturers that specialise in high value-added (HVA) products such as high-performance polymers, composites, and floating and adhesive materials. These HVA downstream petrochemicals move PTTGC away from commodity-grade polymers, whose global market is highly competitive and exposed to fluctuation, he said.