PTT Global Chemical Public Company Limited · SET:PTTGC
PTT Global Chemical Public — ESG Presentation (October 2021)
40 slides from PTT Global Chemical Public's sustainability presentation, Oct 26, 2021
Slide 1: APAC ESG Corporate Day
APAC ESG Corporate Day 26 October 2021 1
Slide 2: Disclaimer
Disclaimer This presentation includes forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. This presentation contains a number of forward-looking statements including, in par
Slide 3: Agenda
Agenda 01 Strategy executions 02 ESG in action 03 Achievements 3
Slide 4: Agenda
Agenda 01 Strategy executions 02 ESG in action 03 Achievements 4
Slide 5: Our 3 Steps Strategy
Our 3 Steps Strategy *20% GHG Reduction in 2030 from Base Year (2020) 5
Slide 6: Agenda
Agenda 01 Strategy executions 02 ESG in action 03 Achievements 6
Slide 7: GC's 2021 materiality matrix
2021GC’s 2021 GC’smateriality materiality Dynamic changes in global contexts & stakeholder expectations refine our top priority Sustainability Development Goals Keep Satisfied Top Priority: Manage closely SDG most & least prioritized by the N100* + External Power / Influence Workforce New Regulation
Slide 8: Step up strategy 2021-2030
Step up strategy 2021-2030 Strengthen actions toward the long-term net zero target 2020 2021 Influencing Role in Global Sustainability Top Ranked in Major Indices Lead the Industry in Sustainability Actions o ESG o Net Zero o Circular Economy Integrated framework Scope 1,2 (Net Zero) Scope 3 (Partia
Slide 9: Step Up On-Going Climate Actions
Step Up On-Going Climate Actions Step Up Ambitious and fully align with the Paris Agreement Decarbonization without compromising Business Growth Long-term portfolio reshape to High Value / Low Carbon Business 9
Slide 10: Step Up On-Going Climate Actions
Step Up On-Going Climate Actions Step Up Efficiency-driven: “Responsible Production” Smart Operating Operational Efficiency Low Carbon Power / Heat Flaring Reduction Low Carbon Process Value Chain Initiatives Portfolio-driven: Responsible Caring Portfolio Transition to Low Carbon “Offer the Best” -
Slide 11: The GC's decarbonization approaches
The GC’s decarbonization approaches Efficiency-driven GC’s Integrated Framework • The current approaches Climate Actions & Circularity Efficiency MTPI Flare Digitalization Improvement Minimization Efficiency- driven Net Zero Portfolio-driven • The additional approaches Compensation Low carbon power
Slide 12: The GC's decarbonization approaches: Portfolio-driven
The The GC’s decarbonization GC’s decarbonization approaches approaches Portfolio-driven • Long-term Emission Projection (Scope 1,2) GC’s Integrated Framework Only Petchem & Green Growth Climate Actions & Circularity • Competitiveness • Value chain extension • Business growth • Portfolio adjustment
Slide 13: The GC's decarbonization approaches: Compensation
The The GC’s decarbonization GC’s decarbonization approaches approaches Compensation GC’s Integrated Framework Climate Actions & Circularity XX tCO2e/y Underground Storage CCS 1 2 3 Years Efficiency- driven Net Zero Portfolio-driven Carbon Capture and Storage Forestation & (CCS) Carbon Credit Certif
Slide 14: The Net Zero commitment
The “Net Zero” commitment The “ Net Zero” commitment Scope 1,2 Operational Efficiency- Emission Efficiency driven Portfolio- driven Compensation Efficiency Low carbon Portfolio Carbon improvement power Adjustment capture: utilization and MTPI Low carbon Monetization storage heat Digi
Slide 15: GC supports Thailand
GC supports Thailand GC Contribute to ‘Society’ with GC Social Enterprise Models & CSR Programs Sustainability Framework (ESG) ECONOMY ENVIRONMENT SOCIETY Responsible Climate Quality Decent Work & Life on Land Good Health Economic Growth Consumption & Action Education Production & Well-Being Prachar
Slide 16: Decent Work & Economic Growth
Decent Work & Economic Growth Promote economic growth by Social Enterprise Model: “Pracharat Samakki” Goal : This project could enhance Thai economy, allowing small business operators to generate more income for the local community Three areas involvement : Agriculture, Agriproduct processing (SME/O
Slide 17: Climate Action
Climate Action Community Waste Model : integrated plastic waste sorting & generate income to society by Social Enterprise Model Fertilizer Food Waste Sorting Extrusion Waste Collector 17
Slide 18: Life on Land
Life on Land Groundwater bank : Project to resolve droughts for mango farms in Rayong province Building 17 groundwater banks Helping 2 communities in Rayong province 18
Slide 19: Good Health & Well-Being
Good Health Challenges of GC for value contribution to & Well-Being Society during COVID-19 outbreak Responsive to Pandemic Communication Cooperation with stake holders Internal & External collaboration 19
Slide 20: Good Health & Well-Being
Good Health & Well-Being GC joined forces with 84 plastic entrepreneurial partners under “Greater Care Charity by GC & Customers” project Providing support to Hospitals and Community Isolation Contributing Medical Equipment to Hospitals 20
Slide 21: Good Health & Well-Being
Good Health & Well-Being Delivered chemical innovative products to medical staffs in nationwide 77 provinces As of 1 September 2021 >1,200 11,364 2 3,024,595 Coverall Hospitals/Health Medical Robot: IRAPs disposable plastic gowns (Greater Care by GC) Offices/Government Agencies SHaRE - aGIVeR made w
Slide 22: Good Health & Well-Being: Drop Points
Good Health & Well-Being Employee engagement to solve plastic waste problem and take part in supporting dedicated medical personnel GC Volunteers Collecting used bottles to supporting medical sector during COVID-19 pandemic Collecting used PET bottles from employees at the Drop Point areas around GC
Slide 23: Good Governance : Sustainability
Good Governance : Sustainability • Define and review the Company’s processes, policies, and goals regarding sustainability • Advise implementations on sustainability, climate changes, and circular economy matters • Regularly attend meetings of the Committee every 2 months • Define sustainability-rel
Slide 24: Agenda
Agenda 01 Strategy executions 02 ESG in action 03 Achievements 24
Slide 25: Recognitions
Recognitions Recognitions “Honor” 3 consecutive years 3 25
Slide 26: Recognitions
Recognitions 1st ranked 1st ranked Social Envi Policy CSR Climate Health & Safety Environmental Water 1st ranked Risk Customer Relation Economic Policy Innovation Cybersecurity 26
Slide 27: GC Sustainability Sharing
GC Sustainability Sharing 27
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Slide 29: Thank You
Thank You PTT Global Chemical Public Company Limited 555/1 Energy Complex, Building A, 14th – 18th Floor, Vibhavadi Rangsit Road, Chatuchak, Chatuchak, Bangkok 10900 Thailand Tel: +66(0) 2265-8400 Fax: +66(0) 2265-8500 www.pttgcgroup.com For further information & enquiries, please contact our Invest
Slide 30: Appendix
Appendix 6GC
Slide 31: Committed Capex to support GC's sustainable growth
Committed Capex to support GC’s sustainable growth Total Estimated Annual CAPEX (M.USD) Projects 2021-2025 2021 2022 2023 2024 2025 1) Key projects - Recycled Plant: ENVICCO 25 25 - Super Engineering Plastic: KGC 30 28 2 - OMP 157 47 91 19 2) Other projects 429 204 110 89 24 2 Total 641 304 203 107
Slide 32: Maintenance Shutdown Schedule 2021
Maintenance Shutdown Schedule 2021 (reflected T/A postponement plan from COVID-19) 2021 2022 Plant Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cracker 39 39 OLE Oleflex 37 37 HDPE 15 BPE1 14 BPE2 38 HDPE2 12 24 LDPE 15 POL LLDPE I 20 20 LLDPE II PS 12 TOCGC EOB EA Phenol I 32 30 PHN Phenol II BP
Slide 33: Refinery Performance
Refinery Performance Petroleum Products - Dubai Spread (USD/BBL) Refinery Sales Volume (KBD) 287% YoY 84% YoY Others Fuel Oil Diesel Jet Naphtha+Ref. ULG 95 - DB 39% QoQ 9.9 8.5 -8% YoY -13% YoY 6.7 7.1 -1% QoQ 4.4 4.1 4.6 179 162 152 166 149 148 170 148 2.6 6% 7% 4% 1% 7% 3% 8% 8% 3% 0% Q1/20 Q2/20
Slide 34: Aromatics Performance
Aromatics Performance Aromatics Products Prices and Spread (USD/Ton) Aromatics Sales Volume (KTons) Other By-Products Naphtha Group PX Group BZ Group PX FECP - Cond 4% YoY -2% YoY 18% QoQ -7% YoY -15% YoY 283 -5% QoQ 261 271 241 266 262 958 754 689 823 745 705 1,712 1,449 190 191 23% 29% 28% 33% 33%
Slide 35: Olefins and Derivatives Performance
Olefins and Derivatives Performance Olefins Prices and Spread (USD/Ton) 217% YoY 75% YoY 1,115 1,042 15% QoQ HDPE (FILM) SEA LLDPE CFR SEA LDPE CFR SE Asia 973 Butadiene Price 904 MEG ACP Naphtha MOPJ 781 544 555 1,533 1,540 1,536 329 1,238 1,191 Product Price 1,145 1,168 980 Q1/20 Q2/20 Q3/20 Q4/20
Slide 36: Olefins and Derivatives Performance
Olefins and Derivatives Performance Olefins Intake (Ktons) Olefins Sales Volume (Ktons) Ethane Other Gas Naphtha Olefins U-Rate 5% YoY 17% YoY 81% 100% 103% 104% 104% 93% 91% 98% 2% QoQ 823 1,062 1,106 1,126 1,094 1,118 1,885 2,212 -3% YoY 8% 169 164 21% 18% 15% 17% 17% 16% 24% 24% 33% 26% 114 -20%
Slide 37: Phenol Performance
Phenol Performance Phenol/ BPA Prices and Spread (USD/Ton) Phenol Sales Volume (KTons) BPA Phenol -29% YoY -23% YoY -6% YoY 13% YoY 18% QoQ -1% QoQ 106 155 155 157 147 146 261 293 Phenol-BZ 250 356 234 253 303 233 217 214 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 6M/20 6M/21 69% 76% 70% 70% 71% 73% 71% 72
Slide 38: Market Commentary: Crude & Refinery
Though challenges from Delta variant coupled with increased OPEC+ supplies in August, strong fundamentals from the West support oil price with oil demand growth in 2H/21 back to almost pre-covid level Crude Price, $/bbl Market Commentary : Crude & Refinery 80 DUBAI 67-70 67.4 66.9 EU & US expect v
Slide 39: Market Commentary: Aromatics
• Supply loss from several plants unplanned S/D, new capacity delay start up [Zhejiang] support Q2/21 • New capacities addition in 2H/21 will pressure Aromatics market Paraxylene Value Chain Spreads, $/T Market Commentary : Aromatics Total PET Resin Margin PTA Margin PX - Naphtha J Supply loss fro
Slide 40: Market Commentary: Olefins
• High feedstock costs push up price in Olefins market with pressure • Upcoming of new capacities and pandemic situation lead to a challenge in Olefins market Ethylene & Derivatives Price, $/T Market Commentary : Olefins HDPE-MOPJ HDPE Price MEG Price Firmer upstream prices leading to support the
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