Thailand has established itself as a chemical hub in Southeast Asia, with sustained industrial expansion following the discovery of natural gas reserves in the early 1980s. The chemical sector, particularly petrochemicals, constitutes a fundamental pillar of the national economy.
The industry's operations are concentrated within the Map Ta Phut petrochemical cluster located in Rayong province. This integrated industrial complex, encompassing nearly 60 major corporations with an aggregate annual production capacity of 37 million tonnes, maintains its position among the world's top 20 petrochemical complexes.
Following a 3 per cent production growth in 2024, the industry outlook for 2025 remains challenging due to global overcapacity and low market prices, according to Germany Trade & Invest (GTAI). The Thai government has shifted support toward higher-profile sectors such as automation and robotics. The chemical sector is therefore undergoing strategic transformation from conventional petrochemical production to high-value chemical segments, encompassing specialty chemicals, bioplastics, pharmaceutical chemicals.
With Thailand's strengths, that include an integrated value chain, a skilled workforce of more than 125,000 employees, strategic location within ASEAN, and government support through the Bio-Circular-Green economy model, the industry now seeks strategic partnerships to drive innovation, sustainability, and value-added production while maintaining its position as a regional hub.
There is a landmark partnership between the German technology integrator thyssenkrupp Uhde, and Thai petrochemical leader PTT. Together with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, they signed a Cooperation Agreement (CA) for a new public-private partnership (PPP) in July 2025. This initiative will develop green hydrogen and Power-to-X technologies, including a potential 2-million-ton annual green methanol facility utilising captured CO₂ and renewable hydrogen to accelerate Thailand's decarbonisation and sustainable energy transition.
Foreign investment momentum continues to be strong, and Thailand's Board of Investment (BOI) approved 172 chemical/petrochemical projects worth US$844 million in the first half of 2025 – a 12 per cent year-on-year increase. The BOI provides incentives including corporate tax exemptions, and import duty privileges. Leading German chemicals companies have made substantial investments in Thailand for advanced applications.
I trust you will enjoy informative and interesting reads.
Dr. Roland Wein
UPDATE is published quarterly by the German-Thai Chamber of Commerce (GTCC) and distributed through an electronic platform to members and qualified non-members in Thailand and abroad. It is also available on our website: thailand.ahk.de/en/publications.
Any opinions expressed in articles in this e-magazine do not necessarily reflect the views of the Chamber. UPDATE welcomes story and photo contributions from members and non-members alike. Articles may be reproduced with acknowledgement, except for those taken from other sources.
For inquiries, please contact: communications@gtcc.org.
Publisher/Editor-in-Chief: Editor & Communications Director: Design & Layout: Sub-Editor: Dr. Roland Wein Chadaphan Maliphan Sorapol Liengboonlertchai Bruce Scott
FOOD INDUSTRY AND INNOVATION
04 Thailand’s chemical industry is shifting towards more specialised production
10 Covestro Thailand: Leading innovation and sustainability in the chemical industry
14 Merck’s innovation in the chemical industry amid PFAS challenges
16 ASEAN advances sustainable growth with support from the chemical industry
18 Thailand’s industrial decarbonisation: Turning challenges into regional opportunities
20 Powering Thailand’s green future: How methanol technologies can drive decarbonisation
22 Thailand’s chemical and petrochemical industry: Building a high-value future
CHAMBER ACTIVITIES
24 GTCC Executive Director’s activities aboard
26 H2UPPP SEA Conference on Green Hydrogen & power to X
28 GTCC participation at the 2025 Global Membership & Events Summit
29 GTCC Executive Breakfast Talk with Deutsche Bank
30 GTCC Young Professionals: Meet the CEOs
32 Welcome delegation on renewable energy from Germany
33 GTCC Multi-Chamber EEC briefing with Forvis Mazars and Networking
CHAMBER ACTIVITIES
34 Thai-German Conference “Water is Life”
35 GTCC Business Women Networking “Women in Charge – Big Data”
35 GTCC Executive Luncheon: DAX 40 and MDAX
BUSINESS BRIEFS
36 Blumenthal Richter & Sumet expands regional reach with Legal ASEAN acquisition and relocates to new office
36 Kristian Petersen appointed as General Manager of Royal Orchid Sheraton Riverside Hotel Bangkok
37 Continental’s Automotive group sector operates as the independent listed company AUMOVIO
GTDEE INSIGHT
39 Delivering an opening speech for the “Morality and Ethics” event at E.Tech
42 MoU signing for Pathumthani Brewery Mechatronics Apprentice Programme
42 Workshops on systematic thinking and problemsolving skills for BMW Service Apprentice Programme batch 2024
MEMBERS’ CORNER
46 New GTCC members
Thailand’s chemical industry is shifting towards more specialised production
Frank Malerius
Thailand has built up a diversified chemical industry, but global overcapacity is now forcing specialisation. Pharmaceutical production, in particular, needs to be strengthened.
MARKET TRENDS
Global overcapacities are intensifying competition in Thailand, and without investment in higher-value products this key industry could lose its competitive edge.
Thailand’s chemical industry was expanded gradually, over time, with government support following the oil price shocks of the 1970s. Since then, it has developed into one of the leading chemical manufacturing centres in Southeast Asia, but growth rates in this volatile industry fluctuate considerably.
In 2024, production grew by almost 3 per cent, after two years of contraction, but the outlook for 2025 appears challenging. Global overproduction and low world market prices are impacting the Thai chemical industry as well, and now it must overcome the current downturn without government support. A manager at a German chemical company
notes that the Thai government is now redirecting resources to more high-profile sectors such as automation and robotics.
STRONG PETROCHEMICALS
The heart of Thailand's chemical industry is the petrochemical sector, which ranks among the 20 largest in the world. It is concentrated in the Map Ta Phut cluster in Rayong province, and its production capacity stands at 37 million tonnes per year. Compared to other Thai industries, the sector is highly productive and generates by far the highest economic output per employee.
The petrochemical industry is well integrated into both domestic and international supply chains, and spans the entire production process. It processes oil and gas into numerous intermediate products, which are later used to manufacture plastics, paints, fertilisers, cosmetics, and pharmaceuticals. intermediate products, which are later used to manufacture plastics, paints, fertilisers, cosmetics, and pharmaceuticals.
Nearly 60 large petrochemical companies are located in Map Ta Phut. In addition to
refineries, the industrial park also includes power plants, steel plants, and a chemical port. The Map Ta Phut deep-sea port is currently undergoing a third phase of expansion and will include additional terminals and storage facilities for gas and liquids.
Refinery complex in Thailand at dusk, reflecting the country’s role as a regional petrochemical hub.
Thai refineries produce, among other things, naphtha (a petroleum-derived feedstock), which accounts for 70 per cent of the raw materials used in the upstream industry. Upstream producers use it to manufacture basic chemicals, 80 per cent of which are subsequently supplied to local manufacturers of intermediate and downstream products. More than half of these products are primarily exported to China and other Southeast Asian countries.
The most important domestic end users of petrochemical products are companies in the packaging sector (38 per cent), followed by the textile industry (18 per cent), the automotive sector (12 per cent), and the electronics industry (11 per cent).
RISKS ARE INCREASING AND NEW STRATEGIES ARE NEEDED
The domestic petrochemical industry has been on a modest upswing since spring 2025, following a difficult year in 2024. However, one key risk lies in US tariff policy. This could result in Chinese chemical companies shifting surplus production to Southeast Asia, exerting further downward pressure on prices in the region. Domestic suppliers may be forced to move into niche markets such as packaging, medical applications, or electronics.
In light of ongoing stagnation, the industry is seeking to shift towards higher-value and more innovative production. This is driving increased investment in areas such as specialty chemicals and bioplastics. Analysts at Krungsri Bank also expect that an increasing number of chemical companies will focus on producing higher-value specialty products, including bio-based plastics, for which demand is expected to grow significantly.
Thailand has abundant supplies of plantbased raw materials such as sugarcane, cassava, maize and wood, and several initiatives are already underway to utilise them. In Rayong, the Netherlands-based company TotalEnergies Corbion, for instance, produces bioplastics (polylactide; PLA)
from sugarcane. In Prachinburi, the Austrian Lenzing Group has, since 2022, operated the world’s largest lyocell plant, with an annual capacity of 100,000 tonnes. These wood fibres are primarily supplied to textile manufacturers.
Mechanised sugarcane harvesting in Thailand. A key upstream process supporting the country’s growing bioplastics sector.
Plastic bottle production in Thailand representing the main downstream use of petrochemicals
SELECTED CHEMICAL INDUSTRY PROJECTS IN THAILAND
AGC (Japan), Expansion of 680 Set to begin Expansion of capacities Chlor-Alkali Process in 2025 for caustic soda, vinyl chloride monomer, and polyvinyl chloride; located in Rayong.
NatureWorks, Production
600 Set to begin Annual capacity: 75,000 of Biopolymers from in 2025 tonnes; raw material: Polylactic Acid (PLA) sugarcane; located in Nakhon Sawan province.
Braskem Siam
570 Announced Annual capacity: 200,000 (Brazil/Thailand), tonnes; based on sugar, Production of Bioethylene cassava, and maize; located in Rayong.
Denka SCGC Advanced
400 Set to begin Annual capacity: 11,000 Materials, Production of in 2026 tonnes; joint venture Acetylene Black between Denka (Japan) and SCG Chemicals; located in Rayong.
Yuzhou Fine Chemical 45 Announced Intermediate products for (China), Production of printed circuit boards Specialty Chemicals (PCBs); located in Prachinburi province.
Birla Carbon (India), n/a
Announced Annual capacity: 120,000 Production of Carbon tonnes (2025), to be Black expanded to 240,000 tonnes; located in Rayong.
Source: Media reports 2025; Company data 2024
GROWTH EXPECTED IN UNDERDEVELOPED PHARMACEUTICAL SECTOR
One weakness of the Thai chemical industry is pharmaceutical production, which predominantly produces simple generic drugs. More sophisticated drugs must be imported annually, worth between US$3 billion and US$4 billion. The most important suppliers of imported pharmaceuticals are Germany, the United States, and China.
These imports are offset by pharmaceutical exports worth only US$600 million to US$700 million, and 90 per cent of Thai production is destined for the domestic market. To overcome this weakness, new pharmaceutical manufacturers are expected to establish themselves. The development of this sector is part of the current five-year macroeconomic plan, entitled the National Economic and Social Development Plan 2023 to 2027.
The Board of Investment (BOI), a government agency, approved a total of 224 foreign investment projects in the chemical and petrochemical industries in 2024. These projects have a total value of US$1.8 billion. In addition, there are 32 foreign pharmaceutical projects worth US$200 million. The BOI generally encourages investments in high-quality manufacturing, and investors receive tax exemptions of three to eight years, as well as other privileges.
TRADE DEFICIT INCREASES
Thailand imported chemical products worth US$30.2 billion in 2024, and the largest import categories were plastic products and industrial chemicals. Since 2014, the chemicals industry has been running a foreign trade deficit, which continues to grow. In 2024, it amounted to US$4.4 billion, the second-highest figure after 2022. About half of the deficit is attributable to pharmaceutical imports. There is also a significant deficit in fertilisers, with China and Saudi Arabia being the most important suppliers.
Generic drug production line.
GERMANY AMONG THE TOP PHARMACEUTICAL SUPPLIERS TO THAILAND
INDUSTRY STRUCTURE
The petrochemical industry is predominantly state-owned. However, German companies also manufacture a wide range of chemical products in Thailand.
Thailand has a large and well-developed chemical industry. It offers a well-integrated industrial sector, from oil and gas processing to the production of intermediates and final products. According to a ranking by the German Chemical Industry Association (VCI), the Thai chemical industry generated sales of €29.7 billion in 2023 (€32.3 billion including the pharmaceutical industry), making it the fourth largest in ASEAN, behind Indonesia, Singapore, and Malaysia.
Source: Ministry of Commerce 2025
However, Thailand generates a significant surplus of basic plastic materials (primary plastics), and these are primarily exported to China, India, Japan, and other ASEAN countries. There is also a surplus of detergents and cosmetics.
According to the Department of Industrial Works, part of the Ministry of Industry, there are 3,000 chemical plants in Thailand employing 125,000 people. In addition, there are 1,200 plants in the upstream oil and gas industry with a further 18,000 employees. After the food and electronics industries, the chemical industry, including pharmaceuticals, is the third largest industry in the country.
STATE-OWNED OIL AND GAS PROCESSING
Thailand’s chemical industry is based on oil and gas processing, which, as previously mentioned, is still largely state-controlled. The largest market player is PTT Global Chemical, along with its subsidiaries ThaiOil and IRPC. The PTT Group’s subsidiaries cover a broad product range, including speciality chemicals.
The conglomerate Siam Cement Group (SCG) is also active in the petrochemicals industry, and is currently expanding its capacity and constructing a US$5.4 billion petrochemical complex in Vietnam. SCG had originally planned to list its chemicals division on the stock exchange in 2023, but these plans were cancelled due to a weak market response.
CHEMICAL COMPANIES IN THAILAND
fatty alcohols, refined glycerine
Note: Average exchange rate 2023: US$1 = 35 Thai baht
Source: Stock Exchange Group 2024; Company data 2024
“The heart of Thailand's chemical industry is the petrochemical sector, which ranks among the 20 largest in the world.”
Thailand's petrochemical industry primarily processes domestic oil and gas from the Gulf of Thailand. The government is currently inviting tenders for the development of nine oil fields, as declining production volumes mean the country must import an increasing share of its required supply. In 2024, Thai refineries purchased crude oil worth US$33 billion from abroad, primarily from the United Arab Emirates and Saudi Arabia, which is primarily refined into petrol and diesel. In addition, natural gas worth nearly US$10 billion was imported, mostly from Myanmar, Qatar, and Australia, and is used primarily for electricity generation.
STRATEGIC INVESTMENTS ABROAD
Due to global overcapacity, rising competition, weak demand, and falling prices, Thai chemical companies are investing less in new production capacity. Instead, they aim to strengthen their presence in the production of high-performance and innovative products at the end of the value chain. This also involves acquisitions.
In January 2022, PTT Global Chemical acquired the Frankfurt-based speciality chemicals company Allnex, which produces coating resins and additives. With this acquisition, the group is responding to growing demand for high-performance and environmentally friendly coating solutions. According to press reports, the purchase price was €4 billion, the largest foreign acquisition by a Thai company since 2012.
Indorama Ventures claims to be the world’s largest producer of polyethylene terephthalate, operating 148 chemical plants in 35 countries. The company now plans to reduce costs and divest assets, particularly in Europe. Thailand’s largest paint producer, TOA Paint is focusing its expansion efforts on neighbouring Southeast Asian markets, where demand for paints in the construction and industrial sectors is currently rising. Other local paint and coatings manufacturers include AkzoNobel, Jotun, and Sika.
GERMAN CHEMICAL COMPANIES ARE ALSO DRAWN TO THAILAND
Thailand hosts Dow’s largest operations in Asia, and the Dow Thailand Group, together with SCG, operates 13 petrochemical plants with a total capacity of 2.1 million tonnes. Both companies are also involved in plastics recycling.
German chemical companies also manufacture a wide range of products in Thailand. BASF produces polyurethane, coatings, care chemicals, and construction chemicals, while Covestro produces polycarbonate, engineering plastics, and speciality films, primarily for export. Evonik manufactures silica and hydrogen peroxide for the local market and international customers, and Beiersdorf produces personal care products. Henkel produces adhesives and cosmetics, while Linde produces industrial gases, and Bayer produces crop protection products.
According to the Bundesbank, as many as 23 German chemical companies were active in Thailand in 2022. They employed approximately 4,000 people and generated sales of €3.2 billion. This means that compared to 2021, two more German chemical companies started operations in Thailand, while others expanded their facilities. As a result, combined sales increased by about 25 per cent. According to a VCI member survey from November 2024, German chemical companies cite Thailand as a potential site for diversification beyond their US operations.
FRAMEWORK
Thailand's regulations for the handling and labelling of chemicals are aligned with international regulations. Several authorities are responsible for hazardous substances.
In Thailand, the Hazardous Substances Act (1992) is one of the key regulations for the chemical industry. It regulates the import, manufacture, marketing, and possession of hazardous chemicals such as industrial chemicals, pesticides, and biocides. The Act contains six schedules that list various hazardous substances and the relevant authorities.
RESPONSIBLE AUTHORITIES FOR THE CHEMICAL SECTOR
1. Hazardous substances in industry: Department of Industrial Works
2. Hazardous substances in agriculture (pesticides, etc.): Department of Agriculture
3. Hazardous substances in fisheries and aquaculture: Department of Fisheries
4. Hazardous substances in livestock production: Department of Livestock Development
5. Hazardous substances in households and healthcare: Food and Drug Administration
6. Hazardous substances in petroleum products: Department of Energy Business
HANDLING OF HAZARDOUS SUBSTANCES IS STRICTLY REGULATED
Worker inspecting chemical drums under strict safety regulations
The lists and regulations governing the handling of hazardous substances are regularly updated. The Department of Industrial Works (DIW) adapts the list and procedures upon request, for example, to comply with the requirements of the International Stockholm Convention on Persistent Organic Pollutants.
Depending on the product, labelling requirements exist that correspond to the International System of Classification and Labelling of Chemicals (Globally Harmonised System of Classification and Labelling of Chemicals; GHS). Thailand implemented GHS classification for substances in 2012, and for mixtures in 2017.
The Thai Industrial Standards Institute provides information on the required standards for chemical products. Service providers such as TÜV Rheinland, TÜV Nord, and TÜV Süd support companies locally with compliance and implementation.
NEGOTIATIONS ON A FREE TRADE AGREEMENT WITH THE EU
The import of highly toxic chemicals requires a permit, and permits are issued by the Department of Industrial Works (DIW), including online. The Thai Customs Authority provides information on current import duties, while the GTAI also provides detailed information on commercial and tax law, as well as import regulations, customs duties, and non-tariff barriers to trade.
Thailand is a party to 14 free trade agreements, all of which have been notified to the WTO. The kingdom is also one of the founding members of the 2020 Asia-Pacific Regional Comprehensive Economic Partnership Agreement (RCEP).
European suppliers of chemical products hope for the swift conclusion of a free trade agreement between the EU and Thailand. In September 2023, both sides resumed negotiations which had been suspended for political reasons in 2014. The fifth round of negotiations took place in Brussels in March 2025, but whether the negotiations will be concluded by the end of 2025 remains to be seen.
Contact details:
Frank Malerius Director
Thailand, Cambodia, Myanmar and Laos German Trade & Invest (GTAI) https://www.gtai.de/en/invest
Covestro Thailand: Leading innovation and sustainability in the chemical industry
Nisa Suttipornphaisankula
Thailand's chemical industry stands as one of the nation's most vital economic sectors, contributing significantly to GDP and export revenues while serving as a cornerstone of the country's industrial ecosystem. Concentrated primarily in the Eastern Economic Corridor (EEC), and industrial hubs like Map Ta Phut in Rayong province, the industry has evolved from basic petrochemical production to sophisticated specialty chemicals and advanced materials manufacturing. With global supply chains reshaping and sustainability becoming paramount, Thailand's chemical sector faces both unprecedented challenges and remarkable opportunities.
Despite being one of the world’s leading manufacturers of high-tech polymer materials, Covestro is set to navigate geopolitical tensions, rising competition from regional players, and increasing demands for environmentally sustainable solutions.
GTCC interviewed Nisa Suttipornphaisankula, Managing Director of Covestro (Thailand), exploring Covestro's strategic approach to chemical manufacturing, sustainability initiatives, and future growth plans in Thailand and the broader Southeast Asian region. Covestro is also celebrating its 10th anniversary globally this year.
What is the current situation regarding the chemical industry in Thailand and the broader Southeast Asian region? What are the key developments, trends and challenges?
The chemical industry in Thailand and Southeast Asia is currently navigating a complex landscape shaped by economic fluctuations, geopolitical tensions, and evolving policy
frameworks. While these challenges are persistent, they present both obstacles and opportunities for companies like ours.
For Covestro specifically, our regional production model has provided some insulation from direct impacts. Our operating principle of "producing regionally for regional markets" means that exports to distant regions like the United States represent a relatively small portion compared to our intra-Asia trade. Consequently, reciprocal tariff measures haven't significantly affected us directly.
However, the indirect effects present more complex challenges. Countries that have lost access to U.S. markets are increasingly turning to ASEAN as an alternative destination, creating an influx of commodity products, particularly from China, into ASEAN countries. This has intensified competitive pressure, especially regarding pricing and market dynamics.
The traditional commodity segment has
become increasingly difficult to compete in, particularly against high-quality products entering from China. As a response, the chemical industry is shifting toward higher-value products that leverage innovative technologies and serve specialised markets. This trend is particularly pronounced in the automotive, electric vehicle, healthcare, and construction sectors.
The industry is experiencing a fundamental transformation toward developing more innovative products and identifying new markets to enhance product value while maintaining competitiveness. Sustainability has emerged as a major focus across leading industries, with companies actively seeking alternative raw materials and working to reduce CO₂ emissions. These priorities have become central to the chemical sector's strategic direction.
What makes Covestro different from other players in the chemical industry in Thailand and regionally?
Covestro's differentiation lies in our focus on innovation and high-tech polymer materials rather than commodity products. Our core business centres on advanced polymer materials, and we concentrate on understanding market needs while specialising in developing innovative market solutions rather than simply expanding across various industries indiscriminately.
We maintain our core competency in development with the goal of becoming the best at what we do by providing innovative and sustainable solutions to our customers, particularly in high-end product segments. For instance, in healthcare, not every commodity product can serve specialised medical applications. We work closely with our customers to develop healthcare solutions that leverage the unique benefits of high-tech polymers and contribute to improving human life.
In the automotive sector, we collaborate with customers to develop innovative solutions that go beyond traditional plastic manufacturing. We produce high-tech plastic solutions tailored for advanced applications, focusing on specialised requirements rather than massmarket commodities.
This approach allows us to maintain leadership in specialised markets where technical expertise, innovation, and quality are paramount. Our emphasis on research and development, combined with close customer collaboration, enables us to create solutions that address specific industry challenges rather than competing solely on price in commodity markets.
What are Covestro's end-of-life solutions and how do they contribute to climate neutrality goals?
Our end-of-life solutions represent a comprehensive approach to circular economy principles, focusing on ensuring our innovative materials don't become waste at the end of their useful life. Covestro has developed multiple pathways for taking back end-of-life products for recycling or reuse in production processes.
We've made mechanical recycling readily available, with significant expansion of production capacity. Notably, we have expanded mechanical recycling production capacity in China, which can produce over 25,000 tons yearly. Together with capacity from other sites such as our Map Ta Phut site, we are committed to supplying over 60,000 tons recycled-content polycarbonates annually in the Asia Pacific region by 2026. (reference: Covestro launches mechanical recycling polycarbonate compounding) Beyond mechanical recycling, we've achieved success with chemical recycling through pilot plants and laboratory development. For polyurethane products, we've developed processes to break down polymers into their individual components for reuse in production. This initiative has been successfully launched as a commercial operation in Germany.
For example, we can take used foam from mattresses and extract the polymer materials, which are typically highly bonded together. Through chemical processes, we can separate these materials into their component parts, which can then be reused both as CO₂ and as raw materials in new production cycles.
Regarding logistics and global availability, while our main production follows regional principles, we can supply recycled products globally based on demand. However, we prefer keeping production close to customers to reduce logistics costs and CO₂ emissions. Our facilities across Asia, the United States, and Europe all have capabilities to produce recycled products.
In Thailand, at our Map Ta Phut site, we have production lines capable of manufacturing recycled polycarbonate, which means we don't always need to source recycled
“The chemical industry is shifting toward higher-value products that leverage innovative technologies and serve specialised markets.”
materials from Europe. This regional approach supports both sustainability goals and cost efficiency.
How do you view current government incentives and their impact on Thailand's competitive advantages for Covestro and the broader chemical industry?
Covestro has been recognised at the national level in Thailand, and we've been invited to high-level discussions where government leaders, including the former Deputy Prime Minister, seeked input from investors about additional support needed for further investment. This engagement is particularly important as global geopolitical changes may influence investment decisions.
Having operated in Thailand for more than two decades, we've maintained continuous investment in our plants over many years. While individual investments may not be enormous, they've been consistent, typically occurring every three to five years. Our most recent significant investment was completed in 2022, with the successful implementation of a new plant in Thailand as well as further investments on capacity expansions in these two years.
As a foreign company, we recognise substantial benefits in current government incentive schemes, particularly from the Board of Investment (BOI). These benefits include import tax exemptions, advantages on raw material imports, and machinery import benefits, especially since we import equipment to build plants for export production.
We maintain strong alignment with government regulations and have built a reputation for compliance with requirements. This has resulted in excellent collaboration between Covestro and government agencies when addressing additional requests, problems, or issues.
Looking toward future business development, we believe the government should consider improvements beyond import tax reductions. Given industry trends, particularly in chemicals, there's increasing focus on CO₂ emission reduction and carbon footprint management.
Covestro views these initiatives not just as social responsibilities but as essential for future exports to Europe, where carbon taxes are already implemented.
We need government support in understanding carbon taxation and assistance in becoming a low-carbon-foot print company. As a chemical company with energy-intensive operations, accessing green energy represents the most effective way to quickly reduce CO₂ emissions.
However, access to green energy remains limited due to incomplete regulations on third-party access. Government acceleration of regulatory frameworks would enable companies like ours to act decisively. Market players with green energy capabilities exist, and demand from companies like ours is strong, but regulatory gaps prevent direct connections. Government acceleration of green energy regulations would make Thailand more attractive for the next wave of investment in sustainable industrial development.
What are Covestro's plans for adopting AI and new technologies in manufacturing and process optimisation?
AI and digitalisation form core components of Covestro's strategy, rather than trendy additions. As a manufacturing company, we focus on process optimisation, operational excellence, safety, reliability, and quality. In the chemical industry, we operate large machines continuously, making constant human monitoring of every reaction impractical. Digitalisation has been integral to our processes for years.
AI enhances our ability to make information more actionable by providing early warnings about potential issues. We use AI to improve process excellence, predict maintenance needs, and ensure safety standards. AI helps us monitor preventive and predictive maintenance, determining when to stop machines, what to inspect, and what conditions must be met.
With extensive data and monitoring systems, AI helps us handle big data effectively, learning patterns and signaling when action is required. In chemical plants, trial and error isn't viable since errors can be costly, so we test thoroughly in laboratories and smallscale production before scaling up.
AI implementation also affects human resources. Employees need to understand
and accept AI as a tool. At Covestro, we developed an internal AI tool called CoVa, which employees can use securely without exposing sensitive company data. While not as advanced as ChatGPT, it's tailored for research and internal purposes.
CoVa operates in multiple languages, including Thai, learning from new data daily and becoming more intelligent and effective for organisational use. This represents part of our investment in production and operational excellence.
CoVa has been successfully implemented and is well-accepted by employees, who recognise that AI handles non-value-added tasks efficiently, freeing them for more complex responsibilities.
Beyond manufacturing, we're implementing AI in supply chain management. We've launched pilot projects for customer service, where AI handles routine inquiries that previously required call centre staff. Instead of human operators answering repetitive questions about shipments, invoices, and basic information, AI provides these services, allowing customer service representatives to focus on sophisticated inquiries.
What are the main challenges and opportunities for female professionals in the chemical industry?
Working in the chemical industry presents inherent challenges due to the nature of the work, and being female in this industry
adds additional considerations, especially in operational areas where men traditionally dominate. As women, we often need to invest extra effort in developing leadership skills, technical capabilities, and adapting to infrastructure that may not have been originally designed with women in mind. Simple considerations, like appropriate restroom facilities or changing rooms for operators, may not have been initially planned with female workers in mind.
However, positive trends are emerging at Covestro. We're seeing increasing numbers of female operators applying for positions and being selected as candidates. This indicates that historical barriers may be breaking down as women demonstrate willingness to accept challenges and enter positions traditionally held by men. This development encourages greater female representation not only in leadership roles but also in frontline operational positions. It demonstrates to organisations and communities that instead of judging women based on stereotypes, it's more productive to evaluate competencies, capabilities, and listen to perspectives from different angles.
Embracing diversity and supporting inclusivity can improve decision-making processes by incorporating detailed perspectives that women often bring, potentially leading to better organisational outcomes. This represents an opportunity to transform stereotypes and judgments into improvements in decision-making processes.
Regarding supportive policies, the chemical industry naturally employs more males than females, particularly in frontline shift work. Women who accept these roles must often balance additional responsibilities as mothers, wives, or caregivers, roles that women typically handle more than men.
While trends are improving, dramatic changes to gender balance may not occur rapidly. However, Covestro implements thoughtful infrastructure planning, ensuring facilities include appropriate amenities for both male and female employees, even when no female employees are currently present.
We've also launched a global Diversity, Equity, and Inclusion (DE&I) programme that extends beyond gender considerations to encompass how we work together. Diversity includes listening to others equally, being open to feedback, and creating inclusive environments. Rather than focusing solely on male-female dynamics, we emphasise diversity, inclusion, and equity in broader contexts, recognising the importance of LGBTQIA+ inclusion in contemporary workplace discussions.
Our approach focuses on creating environments where all employees can contribute effectively regardless of background, fostering collaboration that leverages diverse perspectives for improved organisational performance and innovation in the chemical industry.
Interviewed by Chadaphan Maliphan and Chatchanok Hangason, GTCC Team
Merck’s innovation in the chemical industry amid PFAS challenges
Nattha Poolsanguan
The chemical industry has long been a cornerstone of progress. From powering cutting-edge electronics to enabling breakthroughs in healthcare, chemistry shapes nearly every aspect of modern life. It drives innovation, improves quality of life, and fuels economic growth. Yet, every advancement comes with responsibility, and today, one of the most pressing challenges demanding leadership is PFAS – per- and polyfluoroalkyl substances – the so-called “forever chemicals”.
PARTNERING WITH THAILAND TO LEAD THE WORLD IN SAFE, SUSTAINABLE, AND INNOVATIVE
CHEMISTRY
PFAS are prized for their durability, heat resistance, and water- and oil-repellent properties. They are present in a wide range of products, from non-stick cookware and water-repellent textiles to firefighting foams and industrial materials. But these same qualities that make PFAS valuable also create global concern. They resist natural degradation, accumulating over time in
water, soil, and even human bodies. In Thailand, and across the globe, regulators are tightening controls, communities are demanding cleaner environments, and industries are under increasing scrutiny to ensure safety and sustainability. For Thailand’s chemical sector, tackling PFAS is more than regulatory compliance – it’s a defining moment to demonstrate national leadership and commitment to a sustainable future.
Figure 1 PFAS Life Cycle: From production to pollution, every stage impacts human health
“ For Thailand, PFAS analysis represents a broader commitment to sustainability, safety, and trust.”
At Merck, we view PFAS not merely as a challenge, but as an opportunity to lead in science, sustainability, and innovation. With decades of experience supporting laboratories, regulatory agencies, and manufacturers worldwide, we understand that strategic decisions rely on trustworthy data. Establishing robust systems and effective approaches is critical to enable Thai companies, researchers, and regulators to act confidently; meeting expectations from consumers, investors, and communities alike.
Analysing PFAS is inherently complex. Samples can range from water and soil to food and biological matrices, each with potential contamination risks. Managing these complexities successfully requires a comprehensive, end-to-end approach:
1) Sample collection: Ensure samples reach the lab without contamination that could compromise data quality. Use containers and preservatives that won’t introduce PFAS or interferences. Supported products include labware, thermal desorption tubes, and Milli-Q water purification systems.
2) Sample preparation: Remove matrix interferences and protect your instrumentation, without contaminating samples. Solutions include Supelclean ENVI-WAX SPE cartridges, Solid Phase Micro-Extraction (SPME), and Millex syringe filters.
3) Standardisation and calibration: Reference materials are central to laboratory quality assurance. Our analytical standards and Certified Reference Materials (CRMs) help ensure recoveries fall within acceptable ranges.
4) Analysis: Choose columns, solvents, and consumables that deliver optimal peak separation while minimising background PFAS. We offer Ascentis Express PFAS HPLC columns, (U)HPLC–MS solvents, and analytical vials.
This end-to-end approach empowers Thailand’s chemical industry to act decisively, responsibly, and sustainably. Behind the workflow are Merck products built on three pillars: Quality, Compliance, and Innovation.
For Thailand, PFAS analysis represents a broader commitment to sustainability, safety, and trust. Consumers expect safer products, communities demand cleaner environments, and regulators enforce ever-stricter standards. By partnering with Merck, Thailand gains more than instruments and consumables – it gains a strategic ally dedicated to advancing the country’s chemical leadership. Our PFAS innovations align with the Bio-Circular-Green (BCG) Economy model, supporting Thailand’s transition to greener, more responsible industrial growth.
For leaders in the Thai chemical industry, addressing PFAS proactively is both a responsibility and a strategic advantage. Those who embrace rigorous analysis, mitigation, and sustainability practices will not only comply with regulations, they’ll also position themselves as pioneers, earning the trust of customers, investors, and communities alike.
PFAS challenges are a test of vision, capability, and leadership. With the right tools, the right mindset, and the right partners, Thailand’s chemical sector can transform today’s obstacles into tomorrow’s breakthroughs. At Merck, we stand ready to support this journey, enabling Thailand to lead the world in safe, sustainable, and innovative chemistry.
ASEAN advances sustainable growth with support from the chemical industry
Dr. Matthias Pascaly
The Association of Southeast Asian Nations (ASEAN) is not only emerging as a global manufacturing and innovation hub—it is also a critical growth engine for the chemical industry. With over 670 million people, ASEAN is home to one of the world’s largest labor forces that is actively contributing to the region’s economic growth, and rising consumer demand.1
This demographic strength, combined with increasing incomes, urbanization, and the rise of a middle class, is reshaping consumption patterns across the region. The demand for more advanced and sustainable products is accelerating, creating new opportunities for the chemical sector which is central to this transformation. Specialty chemicals in particular are indispensable for personal care products, nutrition, clean energy, and advanced materials.
For Evonik, this is not just a business opportunity—it’s a chance to contribute meaningfully to regional progress through chemistry and beyond.
ALIGNING INNOVATION WITH ASEAN’S SUSTAINABILITY PRIORITIES
ASEAN’s economic landscape is shaped by a wide range of development priorities across its member states, requiring locally tailored approaches to sustainability and innovation— an approach reinforced by the ASEAN Inclusive Business Framework and its 2025 Capacity Building and Talent Development initiative.2 Thailand’s national strategy reflects these goals, encouraging investment in bioeconomy, clean energy, and resource-efficient manufacturing.3 This creates a fertile ground for innovation partnerships.is well positioned to support the region’s evolving needs.4
ASEAN’s sustainability priorities closely align with Evonik’s global innovation strategy. With a focus on bio-based solutions, energy transition, and circular economy, Evonik’s approach is well positioned to support the region’s evolving needs.4
1. RISING DEMAND FOR SUSTAINABLE CONSUMER PRODUCTS SPURS BIOTECH INNOVATION
ASEAN’s growing personal care and home care markets are being reshaped by rising consumer awareness and demand for sustainable, high-performance products.5 Within this regional trend, Thailand stands out with its dynamic cosmetics and personal care industry6. With support from the Thailand Board of Investment (BOI) for biotechnology-based innovations, the country’s industry is actively responding to consumer expectations—particularly as manufacturers seek to stand out through sustainability and performance.
To meet this rising demand for sustainable innovation in personal care, Evonik is advancing biotechnology through its Advanced Precision Biosolutions initiative. A prime example is the production of rhamnolipids, a new class of biosurfactants made from renewable raw materials. Biodegradable and gentle on skin, they are ideal for eco-conscious consumers in ASEAN’s evolving markets.7
1. Mr. Alexander Weber, Senior Vice President and General Manager of Product Line Alkoxides, Evonik (SEA) Pte Ltd; 2. Ms. Christine Wong, Assistant Chief Executive Officer, Cluster Group, JTC Corporation; 3. Dr. Claus Rettig, Associated Member of the Executive Board Evonik Industries AG and President Asia Pacific; 4. Minister Grace Fu, Minister for Sustainability and the Environment, and Minister-in-charge of Trade Relations, Singapore; 5. Ms. Lauren Kjeldsen, Member of the Executive Board of Evonik Industries AG and Chief Operating Officer Custom Solutions; 6. Dr. Max Preisenberger, Head of Business Line Catalysts, Evonik Industries AG; 7. Her Excellency Dr. Bettina Fanghänel, Ambassador of the Federal Republic of Germany to Singapore; 8. Mr. Hu Song, Head of Business Line Catalysts, SEAANZ, Evonik (SEA) Pte Ltd
“ ASEAN’s sustainability priorities closely align with Evonik’s global innovation strategy.”
2. CLEAN ENERGY TECHNOLOGIES ADVANCE A SUSTAINABLE FUTURE ACROSS SOUTHEAST ASIA
Southeast Asia is undergoing a pivotal energy transformation. Under the ASEAN Plan of Action for Energy Cooperation (APAEC) 2021–2025, the region is targeting a 23 % share of renewable energy in its total primary energy supply and 35 % in installed power capacity by 2025. These ambitions are supported by large-scale renewable energy deployments, regional power grid integration, and increased cross-border electricity trade.8
To achieve these goals, Southeast Asia requires advanced technologies that enhance energy efficiency and reduce emissions. This is where Evonik can play a transformative role. Through its innovative membrane technologies for gas separation and carbon capture for example, Evonik offers scalable solutions that align with ASEAN’s decarbonization agenda. These technologies can support cleaner industrial processes, enable low-carbon hydrogen production, and facilitate carbon capture and storage—key enablers of a sustainable energy transition.9 Notably, SEPURAN® Green membranes contribute to this effort by efficiently converting palm oil mill waste into energy, thanks to its high CO2 / CH4 selectivity.10 This is particularly relevant in Southeast Asia, where Thailand, Malaysia, and Indonesia together account for 87 % of the world’s palm oil production.11 By enabling the conversion of palm oil waste into renewable energy, Evonik’s technologies directly support the region’s efforts to decarbonize one of its most significant and emission-intensive industries.
3. ENABLING THE CIRCULAR ECONOMY
Southeast Asia is embracing the circular economy as a pathway to sustainable growth, with ASEAN member states implementing policies to reduce waste, promote resource efficiency, and foster innovation. The 2021 Framework for Circular Economy for the ASEAN Economic Community12, guides this transition by encouraging collaboration, technological innovation, and multi-stakeholder engagement across sectors.
Thailand is positioning itself as a significant player in the region by adopting its Bio-CircularGreen (BCG) Economy Model, which aims to weave sustainability into essential sectors such as agriculture, energy, and advanced materials. BOI supports this model by offering incentives for manufacturing products from agricultural byproducts and waste.13
Evonik is well-positioned to support and accelerate these regional efforts. In Thailand, where the company has operated for over 35 years14, Evonik’s production site in Rayong demonstrates circularity in action where precipitated silica is produced from rice husk ash, transforming agricultural byproducts into high-performance materials for the tire and rubber
industries—a local solution that reduces the carbon footprint by 30 %.15
Across Southeast Asia, Evonik is expanding its circular economy footprint. A key milestone is its new world-scale alkoxides facility in Singapore, which boosts capacity to meet rising demand in sectors such as biodiesel, pharmaceuticals, and chemical recycling. Designed to operate with net-zero Scope 1 and 2 emissions, the plant underscores Evonik’s commitment to sustainable production. The company sees the circular economy as a powerful growth driver and aims to generate €1 billion in annual revenue from circular products and technologies by 2030.16,17
DRIVING INDUSTRIAL TRANSFORMATION IN ASEAN THROUGH TECHNOLOGY, TALENT, AND TRUST
While ASEAN’s potential is immense, challenges remain with productivity growth in the region’s manufacturing sector having slowed. Some firms risk falling behind global leaders in digital-intensive sectors due to gaps in technology adoption, infrastructure, and workforce skills.18
For Evonik, this challenge presents an opportunity to collaborate and contribute meaningfully to the region’s development. By investing in local talent, supporting digital infrastructure, and advancing sustainable technologies, the company aims to be a trusted partner in ASEAN’s industrial transformation. Through close cooperation with local stakeholders, Evonik can help address shared challenges while strengthening its presence and supporting long-term competitiveness across the region.
Dr. Matthias Pascaly
Country Head & Managing Director Evonik (Thailand) Ltd.
Thailand’s industrial decarbonisation: Turning challenges into regional opportunities
Dr. Pramote Puengjinda
Thailand has set ambitious climate goals: carbon neutrality by 2050 and net-zero greenhouse gas (GHG) emissions by 2065. These targets, announced at COP26 and reaffirmed in national strategies, position Thailand firmly in the global climate agenda.
To provide a legal backbone for this transition, the country is advancing its first Climate Change Act, which will serve as a framework for long-term climate governance, carbon management, and technology promotion. Importantly, the act explicitly recognises “hydrogen and its derivatives” as key technologies for industrial decarbonisation.
This is crucial given Thailand’s reliance on “hard-to-abate industries” such as cement, steel, petrochemicals, and refining. These sectors consume vast amounts of fossil fuels and generate process-related emissions that cannot be avoided by efficiency improvements or electrification alone. Without new technologies, they risk being locked into a high-carbon trajectory, jeopardising national climate commitments.
By embedding technology roadmaps and policy instruments into law, Thailand creates a clear signal for industries to invest in cleaner pathways. Hydrogen, particularly
green hydrogen, is identified as a central enablers alongside renewable energy, carbon capture, utilisation and storage (CCUS), and circular economy practices. This recognition lays the groundwork way for integrating hydrogen into industrial strategy, energy planning, and market design.
GREEN HYDROGEN AND POWER-TO-X (PTX): THE CATALYSTS FOR CHANGE
While renewable electricity is expanding rapidly, it cannot replace fossil fuels in every application. Many industrial processes such as cement kilns and steel furnaces, require high-temperature heat or fossil-based feedstocks, making direct electrification impractical. Green hydrogen, produced from renewable electricity via electrolysis, offers a transformative alternative.
Through PtX technologies, hydrogen can be converted into a portfolio of low-carbon derivatives that serve multiple sectors:
• Green methanol: A sustainable feedstock for chemicals and a low-carbon shipping fuel, where demand is growing rapidly as international shipping lines move toward decarbonisation.
• Green ammonia: A hydrogen carrier for international trade, and a potential marine fuel.
• Sustainable aviation fuel (SAF): One of the few scalable options for reducing aviation lifecycle emissions.
For Thailand, deploying these products is not only about cutting emissions, it also enhances energy security, reduces dependence on imported fossil fuels, and opens new export markets across Asia. By incorporating hydrogen and PtX into national climate planning, the Climate Change Act sends a strong policy signal to investors, and partners that Thailand is committed to building this new value chain.
No industry illustrates the decarbonisation challenge more clearly than cement. Concentrated in Saraburi province, it is vital for domestic infrastructure and exports, yet accounts for around 15% of the industrial emissions.
Two potential strategies are proposed:
1. Hydrogen substitution: Replacing coal in cement kilns, which require temperatures above 1400°C. Such highheat applications are difficult to electrify, but hydrogen offers a feasible pathway. Pilot discussions are already exploring hydrogen blending into cement kilns.
2. CCUS integration: Even with fuel substitution, limestone calcination releases unavoidable CO₂. Capturing this CO₂ and converting it into PtX products such as green methanol creates synergy: emissions are reduced while producing a valuable low-carbon fuel and chemical feedstock. This could link cement directly to Thailand’s green markets, transforming a liability into a resource.
INTERNATIONAL COOPERATION: ACCELERATING THE TRANSITION
International cooperation is essential, and the International Hydrogen Ramp-up Programme (H2Uppp), commissioned by the German Federal Ministry for Economic Affairs and Energy (BMWE), is one of the most impactful initiatives. H2Uppp supports earlystage hydrogen and PtX market development in Thailand and Southeast Asia through policy support, technical expertise, and private-sector engagement. The programme conducts market studies on green hydrogen, green ammonia, and PtX opportunities helping policymakers and industries identify viable pathways. These studies serve as roadmaps for investment and technology adoption.
A cornerstone of the programme is its support for collaborative initiative projects. For example, H2Uppp facilitates partnerships with PTT Public Company Ltd. and thyssenkrupp (Uhde) Thailand to explore green methanol and green methane production. Such initiatives demonstrate technological feasibility and create anchor projects to catalyse Thailand’s hydrogen economy. With an established industrial base, abundant biomass resources, and strong international partnerships, Thailand is well-positioned to become a regional hub for hydrogen and green products. Success at home could therefore catalyse a wider transformation across ASEAN, helping the region move collectively toward its climate and energy goals.
The value of H2Uppp lies not only in technical cooperation, but also in fostering credibility for Thailand’s hydrogen ambitions. By partnering with Germany, a global leader in hydrogen innovation and industrial decarbonisation, Thailand gains access to proven technology pathways, global best practices in safety and certification, and sustainability standards such as the EU’s Renewable Energy Directive (RED III). This strengthens the foundation for accelerating decarbonisation and creating a future-ready economy.
“ By adopting hydrogen, capturing CO₂, and producing green methanol, SAF, and ammonia, Thailand can create new industries […]”
The road to industrial decarbonisation in Thailand is long, but filled with opportunity. Hydrogen, PtX technologies, and CCUS offer credible solutions for reducing emissions in cement, steel, and petrochemicals. International cooperation, especially with Germany through H2Uppp, are building the expertise, partnerships, and business cases needed to move forward.
What makes this journey compelling is that it goes beyond emissions reduction. By adopting hydrogen, capturing CO₂, and producing green methanol, SAF, and ammonia, Thailand can create new industries, strengthen energy security, and establish itself as a clean energy leader in Southeast Asia.
In this vision, the cement kilns of Saraburi, or the petrochemical facility of Songkhla, are not obstacles, but starting points for a new chapter – where Thailand’s process industries become pioneers of a low-carbon future.
Contact details:
Dr. Pramote Puengjinda Senior Advisor, International Hydrogen Ramp-up Programme
An example of decarbnisation of hard-to-abate industry
Powering Thailand’s green future: How methanol technologies can drive decarbonisation
Ratchadaporn Yodthong
Thailand is entering a decisive phase in its energy transition. With ambitious goals to achieve carbon neutrality by 2050, and netzero GHG emissions by 20651, the country is actively exploring innovative technologies to decarbonise its industrial and energy sectors. Among the most promising solutions is clean methanol, a sustainable fuel and chemical feedstock produced from renewable hydrogen (H 2 ) and captured carbon dioxide (CO2).
At the forefront of this transformation is thyssenkrupp Uhde, a global leader in chemical engineering. Its advanced Clean Methanol and Methanol-to-X technologies offer Thailand a strategic pathway to cleaner energy, reduced emissions, and industrial innovation.
THE CASE FOR CLEAN METHANOL IN THAILAND
Clean methanol presents a compelling opportunity for Thailand to meet its climate goals while strengthening energy security. Produced from renewable hydrogen and captured CO₂, clean methanol serves multiple roles:
• A clean energy and hydrogen carrier
• A sustainable transport fuel for the mobility sector
• A medium for storing surplus renewable electricity.
Clean methanol also acts as a climate-friendly feedstock for Thailand’s chemical industry, replacing new fossil-based fuels in the production of plastics, paints, building materials, textiles, pharmaceuticals, and disinfectants. This supports both industrial innovation and avoids the consumption of additional fossil resources, such as coal, oil or gas.
Thailand currently imports over 2 million tons of methanol annually2, directly produced from fossil feedstocks, primarily for use in solvents, coatings and chemical synthesis. Transitioning to domestically produced clean methanol, by either recycled CO₂ or by biogenic, renewable carbon sources could significantly improve the country’s climate footprint while enhancing energy security.
A recent life cycle assessment conducted by King Mongkut’s University of Technology Thonburi revealed that CO₂-based methanol production using renewable energy could reduce emissions from Thailand’s industrial processes by up to 75 per cent, while generating $5.4 billion in economic value from cement industry CO₂ emissions alone3
THYSSENKRUPP UHDE’S CLEAN METHANOL TECHNOLOGY
thyssenkrupp Uhde’s proprietary Uhde Methanol technology synthesises methanol from green hydrogen and captured CO₂, offering a climate-friendly alternative to conventional fossil-based methods. The hydrogen is produced via water electrolysis (e.g. alkaline water electrolysis) 4, a highly efficient process powered by renewable energy sources such as wind, hydro, and geothermal.
This technology has already been selected for major projects in Europe, including the Koppö Energia e-methanol plant in Finland, which will produce 450 metric tons per day of green methanol for maritime and e-gasoline markets 5. The success of such projects demonstrates the scalability and reliability of thyssenkrupp Uhde’s solutions.
METHANOL-TO-X: UNLOCKING NEW VALUE CHAINS
Beyond its role as a fuel, methanol is a versatile building block for a wide range of chemical products, and thyssenkrupp Uhde’s Methanol-to-X approach enables the conversion of methanol into various downstream products, including:
“This partnership combines PTT’s leadership in energy, thyssenkrupp Uhde’s chemical engineering expertise, and GIZ’s international development experience.”
• Formaldehyde, used in resins and plastics
• Olefins, for packaging and textiles
• Biodiesel, for transportation
• Synthetic fuels, for aviation and shipping
One of the most notable Methanol-to-X projects is ENOWA’s Hydrogen Innovation and Development Center (HIDC) in Saudi Arabia which, once completed, will produce 12 tons of methanol and 35 barrels of e-gasoline per day6. This project exemplifies how methanol can serve as a strategic molecule in the global energy transition.
For Thailand, Methanol-to-X technologies align perfectly with the country’s Bio-CircularGreen Economy (BCG) model, supporting sustainable industrial growth while reducing dependence on fossil imports.
STRATEGIC COLLABORATION: PTT, THYSSENKRUPP UHDE, AND GIZ
In a landmark move to accelerate Thailand’s green energy transition, PTT Plc, thyssenkrupp Uhde (Thailand), and GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit) signed a cooperation agreement under the International Hydrogen Ramp-Up Programme (H2Uppp).
This public-private partnership, titled “Opportunity for Green Hydrogen and Sustainable Carbon-Based Products in Southern Thailand”, aims to explore and develop green hydrogen and Power-to-X (PtX) technologies, including e-methanol, as part of Thailand’s decarbonisation strategy.
The collaboration will conduct a conceptual study to assess resource availability, market potential, and technical feasibility for PtX products. These include methane and methanol, which are not only technical outputs but also building blocks of a cleaner, more resilient economy.
PTT is currently developing a study for a green methanol facility with a potential production capacity of up to 2 million tons annually7. This project would utilise captured CO₂ from petrochemical industry and renewable hydrogen, powered by clean energy sources, to produce methanol for use in fuels, chemicals, and industrial applications.
This partnership combines PTT’s leadership in energy, thyssenkrupp Uhde’s chemical engineering expertise, and GIZ’s international development experience – forming a strong foundation for a thriving green hydrogen and PtX economy in Thailand.
3 "Life Cycle Assessment of CO₂-Based and Conventional Methanol Production Pathways in Thailand" by Adeel Rafiq, Ahsan Farooq, and Shabbir H. Gheewala, 31 August 2024, https://www.mdpi.com/ 2227-9717/12/9/1868
Despite its potential, green methanol production faces several challenges. Currently, it is more expensive than conventional fossil-based methods, and scaling up will require significant investment and policy support.
However, the long-term benefits – including reduced emissions, enhanced energy security, and industrial competitiveness –far outweigh the initial costs. Strategic incentives, carbon pricing mechanisms, and public-private partnerships will be essential to accelerate adoption.
thyssenkrupp Uhde’s integrated solutions –covering engineering, procurement, construction (EPC), and technology licensing – ensure smooth project delivery and long-term operational success. Its experience in cross-sector integration, demonstrated in European projects, positions it as a valuable partner for Thailand’s green transition.
LOOKING AHEAD
As Thailand charts its path toward a low-carbon future, green methanol and Methanol-to-X technologies offer a compelling solution. With thyssenkrupp Uhde’s proven expertise and strategic partnerships, Thailand can transform its industrial landscape, reduce emissions, and unlock new economic opportunities.
Needless to say, the time to act is now. The technologies are proven, the partnerships are in place, and the vision is clear. By embracing green methanol, Thailand can power a sustainable future, one molecule at a time.
Contact details: Ratchadaporn Yodthong Business Development Manager thyssenkrupp Uhde (Thailand) Ltd., Tel: +66 99 653 6445 ratchadaporn.yodthong@thyssenkrupp.com www.thyssenkrupp-uhde.com/ thailand
Thailand’s chemical and petrochemical industry: Building a high-value future
Thailand Board of Investment (BOI)
GLOBAL TRENDS AND INDUSTRY OUTLOOK
The global chemical sector is entering a phase of volatility, overcapacity, and rapid technological change. Commodity production alone is no longer enough to secure competitiveness. Leading producers are shifting toward specialty chemicals, biobased products, and advanced materials to not only meet evolving demand, but also sustainability pressures and tighter regulations.
Over the past year, the global petrochemicals industry has been transitioning, with regional differences increasingly determining success. Valued at US$620 billion in 2023, it is forecast to grow at a CAGR of 7.3 per cent through 20301. According to the International Energy Agency (IEA), petrochemicals and their derivatives already account for around 14 per cent of global oil consumption and 8 per cent of gas consumption. By 2030, this share is projected to rise to over 33 per cent of oil and 15per cent of gas, and by 2050 to more than 50 per cent and 19 per cent, respectively.2
Thailand mirrors this global transformation. The Map Ta Phut cluster is home to one of the world’s top 20 largest petrochemical industries, and Thai producers are pivoting toward innovation-driven segments. Bioplastics, specialty polymers, and pharmaceutical chemicals are central to investment strategies, alongside petrochemicals and downstream applications such as packaging, textiles, automotive, and electronics.
This transition is not only a defensive response but also an embrace of new opportunities. Rising demand in ASEAN markets, China, and beyond, has positioned Thailand as a reliable supplier, while abundant feedstock – from sugarcane and cassava to wood pulp – supports a thriving bio-economy.
FOUNDATION FOR FUTURE GROWTH
Over the past five decades, Thailand has transformed itself from a resource-dependent economy into a regional hub for chemicals, supported by a sophisticated petrochemical cluster, advanced infrastructure, and a growing base of international investors.
Investment momentum remains strong. In the first half of 2025 alone, Thailand attracted 172 new FDI projects related to the chemical and petrochemical industry, valued at US$ 844 million 3, a 12 per cent increase year-on-year. Today, as global dynamics evolve, Thailand is charting a course toward higher-value, more innovative, and sustainable chemical production.
THAILAND’S COMPETITIVE STRENGTHS
At the core of Thailand’s competitiveness is its well-integrated value chain. Domestic refineries supply naphtha to upstream producers, which generate basic chemicals for downstream manufacturers. Thailand’s ethylene production capacity – ranked 9th globally
in 2021 – ensures efficiency, reduces import dependency, and strengthens the country’s role as a hub in global supply chains.
The Map Ta Phut Industrial Estate exemplifies these advantages. Hosting nearly 60 major petrochemical companies with an annual capacity of 37 million tonnes, this cluster delivers the highest economic output per employee among Thai industries. Its co-located refineries, steel plants, power stations, and chemical port, along with a third-phase port expansion adding terminals and bulk-liquid storage, all serve to boost logistics efficiency.
Thailand’s skilled workforce is another key asset. Over 125,000 employees work in chemicals, supported by 18,000 in upstream oil and gas. High productivity reflects technical expertise and operational efficiency, and complementing this is the nation’s strong logistics and connectivity network. Located at ASEAN’s crossroads, with 14 free-trade agreements and RCEP participation, Thailand offers privileged market access.
In addition, Thailand is advancing policies under the Bio-Circular-Green (BCG) economy model, encouraging sustainable practices and bio-based innovation, and aligning industrial growth with global climate goals.
“ In the first half of 2025 alone, Thailand attracted 172 new FDI projects related to the chemical and petrochemical industry, valued at US$844 million, a 12 per cent increase year-on-year.”
SECTORAL OPPORTUNITIES
Petrochemicals remain the backbone of the industry, supplying olefins, aromatics, and polymers to domestic and regional markets. Despite cycles of overcapacity, returns remain healthy, with exports to China, ASEAN, and beyond.
Specialty chemicals and bioplastics are among the fastest-growing frontiers, and international leaders such as BASF, Covestro, Bayer, and Evonik have invested in Thailand, producing polyurethanes, engineering plastics, specialty films, and hydrogen peroxide. The fusion of local agricultural resources with cutting-edge technology supports sectors such as packaging, electronics, automotive, and medical devices.
Pharmaceutical chemicals present another high-potential area. While domestic production is currently concentrated on generic drugs, Thailand imports between US$3-4 billion annually in more advanced medicines. Under the National Economic and Social Development Plan (2023–2027), the government aims to foster advanced pharmaceutical production, making Thailand a regional hub and opening doors for German and European Investors.
THE BOI ADVANTAGE
The transformation of Thailand’s chemical industry is actively supported by the Board of Investment (BOI), which provides a comprehensive framework of tax and non-tax incentives designed to attract and sustain high-quality investment. In 2024 alone, it approved 224
foreign projects in chemicals and petrochemicals (US$1.8 billion) and 32 pharmaceutical projects (US$200 million).
Key incentives include:
• Corporate income tax exemptions of three to eight years for qualified projects.
• Import duty exemptions on machinery, raw materials, and essential inputs.
• Non-tax incentives, such as the right to own land, one stop service for visas and work permits, and free sourcing services.
These measures reduce risk, encourage R&D, and sustain Thailand’s position as one of Asia’s most attractive destinations for highquality investment.
CALL FOR STRATEGIC PARTNERSHIPS
Thailand’s chemical and petrochemical industry stands at an inflection point. The sector has proven resilient amid global headwinds, but future success depends on innovation, sustainability, and value-added production. For German companies and other global players, this is not merely an opportunity to access a dynamic domestic market, it’s a chance to integrate into a regional hub at the heart of Asia, to collaborate in building sustainable chemical solutions, and to benefit from a government committed to fostering high-quality growth.
As global value chains realign and demand for advanced materials accelerates, Thailand invites investors to join its next chapter –transforming challenges into opportunities and driving shared success in one of the world’s most vital industries.
On 27 June 2025, GTCC Executive Director Dr. Roland Wein was a speaker at a panel discussing “Expanding German Business in Thailand: Insight, Challenges & Best Practices”. The panel was organised by the Thailand Board of Investment (BOI), with opening remarks by Nattapong Lathapipat, Consul-General of the Royal Thai Consulate-General in Frankfurt. Dr. Wein also delivered closing remarks for the event. The panel featured: Christian Carius, Minister a. D./Member of Mubea Directors Committee (MDC) Head of Corporate Development & Governmental Affairs, Muhr und Bender KG; Dr. Laurent Wattebled, Senior Vice President (SVP) and Head of Product Line Tire & Oral Care, Evonik Industries AG; and Michael Lorenz, Founding Partner of Lorenz & Partners Co. Ltd (Thailand).
HAMBURG FOREIGN TRADE DAY 2025
On 2 July 2025, GTCC Executive Director participated in the Hamburg Foreign Trade Day 2025, hosted by IHK Hamburg. The event was opened by Stephan Schnabel, Vice President of the Hamburg Chamber of Commerce (IHK Hamburg), and Dr. Melanie Leonhard, Senator for the Ministry of Economic Affairs and Innovation.
The keynote address, “Disruption in foreign trade” was delivered by Dr. Josef Braml, US expert and European Director of the Trilateral Commission think tank. He discussed current challenges and future opportunities in international trade, competitiveness beyond the rules-based order, disruptive business models from the US and China, and the role of artificial intelligence (AI) in foreign trade.
MEETING WITH THE ROYAL THAI HONORARY CONSUL IN HAMBURG
GTCC Executive Director continued his mission in Germany with a meeting with Stefan K. Krohn, the Royal Thai Honorary Consul in Hamburg on 1 July 2025. He also had a meeting with Gregor Wolf, Director General of the Wholesale and Foreign Association Hamburg (WGA). The WGA, founded in 1916, is an umbrella organisation based in Hamburg that supports trade associations and their member companies in their day-to-day work in international trade. More than 1,000 companies worldwide currently benefit from this strong association. The portfolio of the companies covers all kinds of products, particularly raw materials for the food, pharmaceutical and/or chemical industries, ship supplies, investment goods, and the tea, cocoa, and beer trade.
MEETING WITH THE AMBASSADOR OF THAILAND TO GERMANY IN BERLIN
On 17 July 2025, GTCC Executive Director had a meeting with H.E. Chittipat Tongprasroeth, Ambassador of Thailand to Germany, at the Royal Thai Embassy in Berlin. They discussed collaboration at the upcoming CPF Executive Summit, which will be organised in Ingelheim by GTCC member Boehringer Ingelheim in October 2025.
16TH ASIA-PACIFIC BUSINESS FORUM BAYERN IN NUREMBERG
On 17 July, 2025, GTCC Executive Director moderated a session entitled “Shifting Gears: Unlocking Thailand’s Potential in the Global Automotive Tech Revolution” at the 16th Asia-Pacific Forum 2025, hosted by IHK Nürnberg für Mittelfranken. The forum served as a platform for dialogue on Asia’s dynamic growth potential and facilitated connections with over 30 exhibitors, showcasing current industrial developments and future business opportunities in Asia.
ASEAN INSIGHTS IN FRANKFURT AM MAIN
GTCC Executive Director discussed the economic situations of Thailand as one of the panelists of “ASEAN Compact: Classification and Economic Perspectives”. The panel discussion was part of “ASEAN Insights: Business Opportunities in Booming Southeast Asia,” organised on 19 September at the Chamber of Commerce and Industry Frankfurt am Main.
MEETING OF THE SGC DIGITALISATION AND INNOVATION COMMITTEE IN SINGAPORE
GTCC Executive Director joined the meeting of the Digitalisation and Innovation Committee of the Singaporean-German Chamber of Industry and Commerce (SGC), in which new Co-Chair of the Committee, Dr. Lovneesh Chanana, presented “AI in a Fragmented World: Rewiring Strategy in the Age of Geopolitical Shifts”. After the committee meeting, he had a discussion with SGC Executive Director Dr. Tim Philippi on AI, digitalisation in chamber work as well as office-in-office, and hosting of representative offices.
ASEAN DAY “MECHANICAL ENGINEERING ON THE MOVE: STRATEGIC LOCATION IMPULSES COMPACT” IN FRANKFURT AM MAIN
GTCC Executive Director provided insights into Thailand’s business landscape and strategic impulses for German mechanical engineering companies, along with the key representatives from AHKs in Malaysia, the Philippines, Singapore, and Vietnam, who shared information on their respective country at the ASEAN Day "Mechanical engineering on the move: Strategic location impulses compact”. It was organised by the German Mechanical Engineering Industry Association (VDMA) on 22 September 2025 in Frankfurt am Main, for VDMA members who plan to enter the ASEAN market and sharpen their ASEAN strategy.
“DOING BUSINESS IN ASEAN” ECONOMIC DAY IN MAGDEBURG
The "Doing Business in ASEAN" Economic Day was held on 23 September 2025 as part of the IHK Magdeburg's "Fit für den Export" programme at the IHK Magdeburg Conference Center. It focused on Southeast Asia as one of the world's fastest-growing economic regions and highlighted its increasing importance as both a market and production hub amid global supply chain changes.
GTCC Executive Director was one of the speakers along with representatives from Germany Trade & Invest (GTAI), and German Chambers of Commerce (AHK) Malaysia, Philippines, Singapore and Vietnam providing firsthand insights about the Southeast Asian region and their respective country. They covered topics such as supply chain diversification and the implementation of the German Supply Chain Due Diligence Act.
H2UPPP SEA Conference on Green Hydrogen & power to X
On 21 July 2025, the GTCC in cooperation with GIZ through the International Hydrogen Ramp-up programme (H2Uppp) organised the H2Uppp Southeast Asia Conference on Green Hydrogen and Power-to-X (PtX) at the Mövenpick BDMS Wellness Resort Bangkok.
This conference serves as a platform for public and private stakeholders – particularly in the energy, petrochemical, cement, aviation, other hard-to-abate sectors, and various visionary leaders – to exchange insights, provide policy updates from both Southeast Asia and Europe, and explore opportunities and challenges in scaling up green hydrogen and PtX technologies across the region. The initiative builds upon the H2Uppp programme, which has been advancing green hydrogen cooperation since 2022, reinforcing Thailand’s commitment to sustainable energy transition and international collaboration to another level.
The conference started with welcoming speeches given by the GTCC Executive Director and Regine Dietz, Cluster Coordinator from GIZ Germany. Likki-Lee Pitzen, First Secretary at the German Embassy Bangkok, and Dr. Karnnalin Theerarattananoon, Representative from the Office of the Permanent Secretary, Thailand’s Ministry of Energy, delivered the opening remarks.
The conference featured a series of expert-led sessions, including “Thailand Policy Update on Hydrogen and Derivatives’”, “Global Hydrogen Market Trends and Strategic Insights”, and the ‘Southeast Asia Outlook on Hydrogen and PtX’. Panelists from EGS-Plan, Indefol Solar, HDF Energy – Asia-Pacific, and Enapter GmbH shared their perspectives on accelerating the adoption of green hydrogen and PtX technologies.
Additional sessions included “Germany’s Hydrogen Policy Update” by Dr. Christian Storost, Head of Division, Funding Instruments and Hydrogen Initiatives, German Federal Ministry for Economic Affairs and Energy (BMWE), as well as “Financing Hydrogen Projects” by experts from the International Finance Corporation (IFC), Kasikorn Research Center, and the Thailand Greenhouse Gas Management Organization (TGO).
In the afternoon, four breakout sessions explored sector-specific applications of hydrogen and PtX technologies, focusing on Power-to-X for sustainable aviation fuel (SAF), hydrogen for shipping applications, hydrogen for industrial applications, and hydrogen for remote electrification.
Dr. Christian Storost concluded the conference, emphasising the importance of publicprivate partnerships in accelerating green hydrogen market development across Southeast Asia. Delegates and participants from both the public and private sectors then joined a networking reception, fostering collaboration and enhancing partnerships in the energy industry.
GTCC AFTERWORK Briefing with Bangkok Hospital
GTCC AFTERWORK Briefing on "Boost Your Brain, Boost Your Life: Stay Sharp through Every Stage of Life" held on 9 July at the Sofitel Bangkok Sukhumvit hotel, welcomed around 45 participants. Speakers Dr. Chanjira Satukijchai, a neurologist at Bangkok Hospital, and Akanitha Seeboonruang, a clinical neuropsychologist, shared insights into the brain fog caused by high workload and chronic stress – especially among executives and top management – and raised awareness about dementia and Alzheimer's disease, with longevity secrets to boost brain power and prevent cognitive decline. The session also provided an interactive brain gym workshop aimed at challenging minds, exercising the brain, and preventing further brain damage.
GTCC AFTERWORK Networking
After the briefing session on 9 July, the networking started. Organised by GTCC in collaboration with Bangkok Hospital and supported by Luther, the event was packed with executives and businesspeople from across industries. We are happy to share moments from this enjoyable and memorable night of fostering meaningful connections within the German-Thai business community
Thank you Flow Inter Co. Ltd. for their kind support as beverage partner, providing a fantastic selection of imported beers, especially Arcobräu. We would also like to thank Sofitel Bangkok Sukhumvit for their kind support as venue partner, with delicious catering and drinks, and we would like to extend our sincere gratitude to all guests for joining us at this event.
GTCC participation at the 2025 Global Membership & Events Summit
Jantarath Korbuakesorn, Head of the Membership, Events, and Communications Department at the German-Thai Chamber of Commerce (GTCC), participated in the 2025 Global Membership & Events Summit hosted by the Association of German Chambers of Commerce and Industry (DIHK) from 31 July to 3 August 2025. The summit convened representatives from German Chambers of Commerce Abroad (AHKs) from Asia-Pacific, Europe, Latin and Central America, North America, Sub-Saharan Africa, and the Middle East and North Africa (MENA), to update insights and exchange best practices in membership development, event management, and communications.
The inaugural session commenced with regional breakout meetings addressing core competencies in membership, events, and communications. The Asia-Pacific regional meeting brought together 12 participants representing 10 countries within the AHK network to exchange experiences and perspectives on regional opportunities, operational challenges, potential collaborative initiatives, pilot project development, and preliminary planning for the 2026 APAC regional conference.
Subsequent sessions featured presentations on AHK network cooperation models from AHK Finland and the Baltic States (Estonia), followed by strategic discussions examining the balance between organizational inclusivity and institutional identity in
member acquisition strategies. The day concluded with an update on the German pilot initiative "The Urban Tech Republic: Innovation Through Collaboration," presented by Pia Sophie Laube of Tegel Projekt GmbH. This transformative project aims to convert the former Tegel Airport into a cutting-edge research and industrial park specializing in urban technologies and the Schumacher Quartier development.
The second day opened with keynote remarks by Dr. Helena Melnikov, Chief Executive Officer of DIHK, followed by comprehensive updates from Berlin headquarters and key organizational briefings delivered by Kateryna Kovpak, Director of AHK-Membership. The program featured intensive workshops focusing on membership transformation strategies, innovative engagement concepts, and digital platform integration, including the newly implemented member portal utilizing Ibexa DXP technology.
Distinguished presentations were delivered by representatives from AHK France, AHK Malaysia, and Wirtschaftsjunioren Deutschland e.V.—Germany's premier association of young business leaders and entrepreneurs. These sessions underscored DIHK's strategic vision to integrate digitalized and innovative approaches to membership services while fostering next-generation
leadership development across the AHK network through enhanced engagement with young business professionals.
The final day featured specialised presentations on corporate sponsorship strategies by Ms. Elena Androshchuk, Head of Communications at HENKEL Ukraine, artificial intelligence implementation strategies, and organizational transformation methodologies presented by Mimi Poon from the Hong Kong AHK delegation. These presentations were complemented by structured peer consulting sessions addressing critical operational areas including membership benefits optimization, Customer Relationship Management (CRM) systems, event management protocols, and member retention strategies. These collaborative sessions were facilitated by experienced AHK professionals from diverse regional backgrounds and specialized AHK Digital teams.
The summit concluded with comprehensive discussions on enhancing member experience and engagement while exploring operational efficiency improvements through artificial intelligence adoption and comprehensive digitalization strategies. The three-day intensive program established a robust foundation for sustained regional collaboration and knowledge sharing that extends beyond the summit's formal agenda.
GTCC Executive Breakfast Talk with Deutsche Bank
On 21 July, the GTCC Executive Breakfast Talk with Deutsche Bank, entitled on "Macro Guide to Complex Geoeconomics" ’, was held at The Sukhothai Bangkok with the participation of over 60 professionals. Speakers Juliana Lee, Managing Director and Chief Economist for Asia, and Charlene Chen, Managing Director, Co-Head of Risk Management Solutions, APAC, both shared valuable insights on complex geoeconomics, covering risk management in the Asian market, macroeconomic trends, foreign exchange (FX) risks, and geopolitical dynamics. The GTCC extends its sincere gratitude to all guests for their participation in this engaging and informative session.
GTCC Executive Breakfast Talk with L&P
GTCC Executive Breakfast Talk with L&P on “Strategic Planning for M&A Transactions: Key Considerations and Best Practices" by Till Morstadt, Managing Partner, Lorenz & Partner Co. Ltd (L&P), took place on 27 August2025, at the Anantara Siam Bangkok Hotel. The talk facilitated interactive discussions filled with regulation updates, proven strategies, best practices, and key legal and tax aspects of M&A transactions in Thailand, as well as meaningful networking.
Welcoming new Deputy Head of Mission, German Embassy Bangkok
On 28 August 2025, GTCC warmly welcomed Ebba Sabine Elisabeth Scholl, the successor of HansUlrich Südbeck, as the new Deputy Head of Mission, German Embassy in Bangkok. The topics of discussion that day covered the GTCC’s activities, including services, membership, key events, and further cooperation between GTCC and the German Embassy. Also discussed was the GTDEE project in cooperation with partners who are German firms and educational institutions in Thailand.
GTCC Young Professionals: Meet the CEOs
The GTCC signature Young Professionals Networking evening returned with "Meet the CEOs" held at the Sindhorn Midtown Hotel Bangkok on August 28, 2025 – which welcomed 125 guests for an inspiring evening with four visionary industry leaders.
Distinguished speakers included: Alexander Donau, Regional Head Asia Pacific at Leschaco (Thailand) Ltd; Dr. Rick Hilchner, Managing Director of Robert Bosch Automotive Technologies (Thailand); Jeffrey Chan, Co-Founder of Skydive Thailand; and Pimolpa Simaroj, Managing Director/Chief Country Officer of Deutsche Bank, Bangkok Branch. Dennis Keller, Chief Business Officer at Siam Seaplane and CEO of Seaplane Asia, moderated the session, taking audiences through challenges and opportunities while providing actionable insights for emerging leaders.
The GTCC extends sincere thanks to venue partner Sindhorn Midtown Hotel Bangkok for their support with catering and drinks, beverage partner Flow Inter Co. Ltd. for providing imported beers, especially Arcobräu, and lucky draw sponsor Siam Scenic and Sindhorn Midtown Hotel for exclusive prizes. In addition, special gratitude goes out to all the young professionals who brought their passion, insights, and forward-thinking spirit; making the event another tremendous success filled with energy and engagement.
GTCC AFTERWORK Briefing with Lufthansa
GTCC AFTERWORK Briefing on 11 September 2025, featured an engaging and interactive workshop at the Kimpton Maa-Lai Bangkok hotel, where speaker Anlee Do, General Manager of Lufthansa Group for Thailand, Vietnam, Philippines, and Mekong region, dived into the unique ways different generations view the world and travel. About 40 participants shared their experiences and learned from the speaker about the future of travel in our interconnected world, with a focus on generational contexts: Baby Boomer, Gen X, Millennial, or Gen Z.
GTCC AFTERWORK Networking
Following the briefing, GTCC welcomed about 120 guests to a networking session. The event served as a platform for meeting, establishing new contacts, and socialising with GTCC members and partners, while delighting in a relaxing ambiance with tasty food choices and beverages. We highly appreciate the great support of event partners Lufthansa and Miskawaan Health Group, and venue partner Kimpton Maa-Lai Bangkok.
Welcome delegation on renewable energy from Germany
Between 14 and 19 September 2025, the Royal Thai Embassy in Berlin facilitated an expert delegation visit to Thailand, led by H.E. Chittapat Tongprasroeth, Ambassador of Thailand to Germany. The delegation included representatives from the German Biogas Association, Fraunhofer Institute for Solar Energy Systems (ISE), Aviation Initiative for Renewable Energy in Germany (aireg), and the German Energy Storage Systems Association. German agencies based in Thailand also participated, including the German Embassy Bangkok, GIZ Thailand, Agora Energiewende, and GTCC.
On September 15, the delegation was welcomed by Sompop Pattanariyankool, Deputy Permanent Secretary of Energy, and Sarat Prakobchart, Deputy Director-General of the Energy Policy and Planning Office (EPPO) and Dr. Yaowateera Achawangkul, Chief of the Alternative Energy Monitoring and Evaluation of the Department of Alternative Energy Development and Efficiency. The program included visits to the National Higher Education, Science, Research and Innovation Policy Council (NXPO) and Program Management Unit for Competitiveness (PMUC) for discussions on innovation policy and strategic collaboration. The day concluded at the Electricity Generating Authority of Thailand (EGAT), where Dr. Narin Phoawanich, Deputy Governor – Fuel and Acting Governor of EGAT, received the delegation.
On September 16, the delegation participated in a workshop hosted by the Renewable Energy Industry Club under the Federation of Thai Industries (FTI), bringing together stakeholders from Thailand's renewable energy sector including various trade associations. The afternoon featured a visit to Bangchak Group's Phra Khanong Refinery, where they were received by Gloyta Nathalang, Senior Executive Vice President for Sustainability Management and Corporate Communications, along with Bangchak Group's executive team. Discussions covered energy transition, carbon markets, and sustainable aviation fuel industry development. In the evening, Ambassador H.E. Chittapat Tongprasroeth hosted a dinner at Baan Suriyasai,
with the participation of GTCC Executive Director Dr. Roland Wein, and Ebba Scholl, Deputy Chief of Mission, German Embassy Bangkok.
On September 17, the delegation traveled to Saraburi Province to visit the Saraburi Sandbox initiative, aimed at reducing CO₂ emissions. They were welcomed at SCG by Charoenchai Chaliewkriengkrai, Chairman of the Saraburi Federation of Industries. The visit included SCG's biochar pilot plant, Chulalongkorn University's Center of Biomass Fuel and Energy, and Chememan Public Company Limited, where Adisak Lowjun, CEO, presented the company's decarbonization roadmap.
The visit provided a platform for constructive dialogue with Thai public agencies and institutions on advancing sustainable energy development through Thai-German bilateral cooperation.
GTCC Multi-Chamber EEC briefing with Forvis Mazars
GTCC organised the second Multi-Chamber EEC event in Pattaya for 2025 at the Avani Pattaya Resort on 19 September2025. It started with a briefing with Forvis Mazars called "Tax Seminar 2025" led by Martin Liebenow, Tax Director of Forvis Mazars Thailand, and Vachirawit Kaew-udom, Senior Tax Manager at Forvis Mazars (Thailand) Ltd.
The intensive one-hour seminar, addressing critical tax developments affecting both corporate entities and individual taxpayers in Thailand, drew a diverse audience of executives, business owners, and tax professionals, all eager to stay current with the rapidly evolving Thai tax landscape.
GTCC Multi-Chamber EEC networking
GTCC brought together business professionals from across Thailand’s Eastern Economic Corridor (EEC) for an exclusive networking event at the prestigious Avani Pattaya Resort, creating valuable connections among diverse industries and nationalities. The Multi-Chamber EEC networking event, organised in collaboration with nine bilateral chambers of commerce in Thailand, provided an ideal platform for professionals to expand their business networks in the lively atmosphere of Dicey Reilly's venue by the sea.
The GTCC would like to express our sincere gratitude to event partners Dachser, Forvis Mazars, Jungheinrich, and Schaeffler for their wonderful support. Thanks also to beverage partner SM Retail / Royal Group Thailand for supporting with Schneider Weisse beer, and venue partner Avani Pattaya Resort for supporting with their lively venue and food arrangements.
Thai-German Conference “Water is Life”
The Thai-German Conference on “Water is Life” held on 23 September 2025 brought together around 100 participants to exchange ideas and innovations on sustainable water solutions in Thailand and Germany.
The conference was organised by the GTCC in cooperation with German Water Partnership (GWP) under the support of German Federal Ministry for Economic Affairs and Energy (BMWE). We would like to thank Thai government agencies and our local partners for their supports: Thai Waterworks Association (TWWA), Office of National Water Resources (ONWR), Metropolitan Waterworks Authority (MWA), Provincial Waterworks Authority (PWA), Solid Waste Management Association Thailand (SWAT), and the Water and Environment Institute for Sustainability (WEIS).
The event started off with opening remarks by Marius Mehner, GTCC Deputy Executive Director and Head of Corporate Services Department, followed by welcoming remarks from Johannes Kerner, Economic and Commercial Counsellor at German Embassy Bangkok. The keynote address was delivered by Nithit Thongsa-ard, Deputy Governor of PWA and First Vice President of the TWWA. Fabian Fischer from GWP introduced the organisation and shared insights into market dynamics in Germany.
Participants have gained valuable insights into the innovations from German experts, as eight German companies presented their
solutions: Aliaxis Deutschland GmbH, Binder GmbH, HAVER & BOECKER OHG, IMPREG GmbH, Megger Germany GmbH / SebaKMT, Rädlinger primus line GmbH, Tholander Ablufttechnik GmbH, and VEGA Grieshaber KG.
The company presentations were followed by a panel discussion on “Driving sustainable economic growth through integrated water and waste policy” which joined by esteemed panelists: Patcharawee Suwannik, Deputy Secretary General at ONWR, Nisapas Wongpat, Deputy Governor at MWA, Dr. Apipong Lamsam, Advisor to the Executive Committee at SWAT; and Chuchat Saitin, Vice Chairman at WEIS.
The event was moderated by Thatsit Sakulpong, Division Director of the International Cooperation at MWA. Thanks again to all speakers, panelists, company representatives, and partners for their valuable insights and contributions.
GTCC Business Women Networking “Women in Charge – Big Data”
The second GTCC Business Women Networking event of 2025 successfully took place on 24 September at The Sindhorn Kempinski Hotel Bangkok. Under the theme ‘Women in Charge –Big Data’, the event featured a keynote session by Dr. Tiranee Achalakul, President and CEO of the Big Data Institute (BDI), who shared her expertise and insights on the transformative role of big data in driving innovation and empowering business women across industries. Thanks to Dr. Tiranee for her inspiring contribution and to all participants for making this session an engaging platform for knowledge-sharing and networking among women in business. We are also grateful to beverage partner Serenity Wines Asia and venue partner The Sindhorn Kempinski Hotel Bangkok for their incredible support.
GTCC Executive Luncheon: DAX 40 and MDAX
GTCC organised the first “GTCC Executive Luncheon: DAX 40 and MDAX” with the participation of 26 representatives of GTCC members who are major German blue-chip companies with an international reputation for quality, reliability and innovation.
The luncheon served as a platform to get to know each other better and strengthen the cooperation between the German-Thai Chamber of Commerce and the valued members, also discussing common challenges and exploring potential collaborations. The event was held on 30 September 2025 at the Sindhorn Kempinski Hotel Bangkok.
Blumenthal Richter & Sumet expands regional reach with Legal ASEAN acquisition and relocates to new office
Leading international law firm Blumenthal Richter & Sumet (BRS) has acquired Legal ASEAN, strengthening its capabilities in cross-border investments, real estate, foreign direct investment and regional legal consultancy across Southeast Asia.
Legal ASEAN founder Mark D'Alelio joins BRS as Partner, bringing over two decades of experience with multinational law firms in Thailand, Vietnam, and Myanmar. Mark specializes in strategic counsel for international and Thai clients on market entry, real estate development, FDI, and cross-border structuring.
His practice covers dispute resolution, having managed complex real estate and labor disputes and represented clients
before Thailand's Department of Special Investigations. Mark's expertise spans corporate law, Board of Investment promotion, market entry advisory in IT/ technology sectors, and management agreement structuring between Thai developers and international hotel brands.
Mark's team—comprising Senior Associates Sasathorn Dharakasem and Teerapun Jiamton, Associates Sireethorn Ruksachart, Pranchalee Maneerat, and Pitchayapa Rungrueng, along with dedicated support staff—has also joined BRS.
BRS RELOCATES TO ONE BANGKOK
BRS has relocated to its new office at One Bangkok Tower, 39th Floor, Wireless Road, Lumphini, Pathum Wan, Bangkok 10330, marking a significant milestone in the firm's growth and commitment to delivering collaborative legal services, thought leadership, and sustainable business practices.
Kristian Petersen appointed as General Manager of Royal Orchid Sheraton Riverside Hotel Bangkok
Royal Orchid Sheraton Riverside Hotel Bangkok announces the appointment of Kristian Petersen as General Manager, effective 4 August 2025.
A veteran hospitality leader with over 20 years of Marriott International experience, Kristian brings expertise in hotel operations, pre-opening strategy, and brand transformation across Asia Pacific and Europe.
Kristian recently served as General Manager of Nha Trang Marriott Resort & Spa, leading Marriott's largest resort conversion project in APEC and successfully repositioning the 1,690-key property as a flagship destination. Previously, he helmed the award-winning JW Marriott Phu Quoc Emerald Bay, where his team was named Best JW Marriott Hotel Worldwide in 2022.
His career included leadership roles in Greater China, including Area Director of Operations for
East China, overseeing 23 Marriott properties across multiple premium brands.
Kristian is recognised for visionary leadership, operational excellence, and focus on guest satisfaction. His appointment marks a new chapter for Royal Orchid Sheraton Riverside Hotel Bangkok—a landmark riverfront property known for timeless hospitality and prime location.
"I am honored to join the team at Royal Orchid Sheraton Riverside Bangkok," said Mr. Petersen. "This hotel is not only iconic in Bangkok's hospitality landscape, but also holds immense potential for the future. I look forward to working closely with our talented team and esteemed partners to deliver exceptional guest experiences and drive continued success."
Continental’s Automotive group sector operates as the independent listed company AUMOVIO
Continental's Automotive group sector now operates as the independent listed company AUMOVIO, which unveiled its ambitious growth strategy during its Capital Market Day. The electronics and technology company targets long-term sales exceeding €24 billion, up from €19.6 billion in 2024.
"AUMOVIO will start from a strong position in growth segments for future mobility, backed by an excellent customer base and sinificantly improved profitability," said AUMOVIO CEO Philipp von Hirschheydt.
The company expects its solutions' value per vehicle to grow 4-5% annually through 2029, outpacing global vehicle production growth. AUMOVIO recorded €19.3 billion in order intake for 2024, supported by relationships with leading manufacturers worldwide.
AUMOVIO has implemented a comprehensive strategy program to support its value and
growth trajectory as an independent company. Its three-pillar strategy focuses on: leading markets with pioneering products, transforming into a high-performance organisation, and delivering financial targets. The company aims for 6.0-8.0% adjusted EBIT margins long-term, compared to 2.5% in 2024.
Starting with €1.5 billion cash, no financial debt, and a €2.5 billion credit facility, AUMOVIO is positioned to drive innovation in software-defined vehicles and autonomous mobility solutions across its four business areas: Autonomous Mobility (AM), Architecture and Network Solutions (ANS), Safety and Motion (SAM) and User Experience (UX).
QSNCC earns global recognition for “Waste Not, Delight More” initiative
Queen Sirikit National Convention Center (QSNCC) has gained international acclaim for its sustainability leadership among Thai convention venues. Its "Waste Not, Delight More" initiative won the AIPC Innovation Award 2025 – Winner Delegate's Choice and is a UFI Operations & Services Award 2025 finalist.
Launched in 2023, this innovative food-waste management program follows circular economy principles targeting Zero Food Waste through pre-ordering technology, locallysourced menu design, and partnerships transforming waste into valuable resources. The program enhances attendee experiences with delicious, eco-friendly meals while fostering environmental pride.
The AIPC Innovation Award celebrates creative management strategies in international convention centers, with the Delegate's Choice voted by worldwide convention centers. The UFI award recognizes exceptional food and beverage management that is "Sustainable, Engaging, and Adaptive."
Surapol Utintu, CEO of QSNCC, noted “These global sustainability awards not only elevate QSNCC’s reputation worldwide but also affirm our dedication and creativity in achieving zero food waste—while delivering sustainable, delightful F&B experiences. These recognitions inspire us to continue advancing toward our ultimate goal of Net Zero.”
Meeting with AHK Philippines on sharing experiences in VET
On 2 June 2025, the GTDEE / GTCC organised an online meeting with Kristina Silan, the AHK Philippines Project Director of Dual Training & Education. This meeting focused on sharing experiences in implementing a Vocational Education and Training (VET) programme related to a project-based learning approach for mechatronics in the German standard.
Workshop for mechatronics apprentices, and meeting with technical teachers
On 11 June 2025, the GTDEE / GTCC organised a workshop on the basic quality control concept for apprentices from the Robert Bosch Automotive Technologies Thailand Apprenticeship Programme batch 2025 and from the Pathumthani Brewery Mechatronics Apprenticeship Programme batch 2025.
The workshop was followed by a meeting with the participation of technical teachers from the curriculum, mechatronics, and DVET to underline a yearly plan for a practical subject in accordance with the German standard. The meeting was organised at the Sattahip Technical College to prepare for the next discussion with in-company trainers at the companies. The in-company training for these batches of apprentices has been planned to start in May 2026.
Meeting with technical teachers in mechatronics at Eastern Technological College
On 3 July 2025, GTDEE Senior Manager Dr. Kamonsak Suradom had a joint meeting with the technical teachers and mechatronics students of Eastern Technological College (E.Tech) to review the projects of second-year students, with a focus on their competencies in mechanics, electrical, and control, in relation to the standards of the mechatronics profession in Germany and the competencies framework of German standards.
Delivering an opening speech for the “Morality and Ethics” event at E.Tech
On 17 July 2025, E.Tech invited the GTDEE Senior Manager to deliver opening remarks at the “Morality and Ethics” event organised for a total of 385 students of Por-wor-chor 2 in the mechatronics, mechanics, and electronics programme. His remarks highlighted the importance of morality, and other ethical aspects, to all students. The event provided a good opportunity for the students to learn, share, and discuss their findings and perspectives together. This is one of the soft skills development initiatives for young people in VET on social competence and the value of human life.
Online meeting on planning for the new batch of students at Robert Bosch (Amatacity)
On 23 July 2025, the GTDEE Senior Manager joined an online meeting with the Human Resource Manager of Robert Bosch Automotive Technologies Thailand (Amatacity) Deputy Director in Profession Development and Head of DVET of E.Tech. They discussed planning and production techniques for students of the Por-wor-sor programme, who started their apprenticeship in September 2025.
Monitoring practical training at BMW dealers
Between June and the middle of August 2025, the GTDEE Senior Manager, together with representatives of partner colleges in collaboration with the BMW Service Apprentice programme, paid a visit to BMW dealers in Bangkok, Nonthaburi, Pathumthani and the Chonburi area. This is one of the important activities for monitoring the apprentices’ practical training under the supervision of trainers or senior technicians, in collaboration with the BMW Service Apprentice Programme batch 2024 and 2025. The GTDEE / GTCC supports cooperative works between colleges and companies to work closely together and develop apprentices of a high standard – both practical and theoretical – within the German standard.
Workshop for PTB mechatronics apprentices
On 21 August 2025, the GTDEE / GTCC organised a workshop on planning additional training in competencies gap analysis, as well as additional training for mechatronics apprentices, at Bangkaewfa College (BKC). The Head of Mechatronics Department, Head of Electrical Department, Mechatronics Teachers, and the Head of DVET, together with the Head of Curriculum, also joined the workshop. The results of the workshop will be adopted in designing a plan for additional mechanical training, which is one of important areas in the mechatronics profession. The GTDEE is operating the plan with partner colleges to foster a high standard perspective within a wholistic learning approach.
GTDEE joined meeting with Singha Beverage Co. Ltd.
On 21 August 2025, the GTDEE Senior Manager joined a meeting with the Maintenance and Engineering Manager and Human Resource Manager, Singha Academy Manager, and the Assistant Director of Techno Park, KMUTNB. This meeting focused on the AdA International (Train the Trainer) certification from the GDTEE programme, in accordance with the methods for the training and development of technician staff. This reflects, in turn, the excellent collaboration between German-Thai organisations with respect to human resource development for life-long learning perspectives.
On 27 August 2025, GTCC Executive Director Dr. Roland Wein delivered a congratulatory speech on the Memorandum of Understanding (MoU) on DVET collaboration between Pathumthani Brewery and three colleges: Sattahip College (Thai-Austrian Technical College / TATC); Eastern Technological College (E.Tech); and Bangkaewfa College (BKC). The ceremony was presided over by Piti Bhirombhakdi, Chief Production Officer, Boon Rawd Brewery, at the Singha Complex in Bangkok.
The MoU signing reflects successful bilateral cooperation between Thailand and Germany under the German Thai Dual Excellence Education (GTDEE) Programme, as well as a modern approach to developing the competence of young students in Thailand. Since May 2025, the Pathumthani Brewery Mechatronics Apprentice Programme has been operated by Pathumthani Brewery in collaboration with the three aforementioned colleges.
Workshops on systematic thinking and problem-solving skills for BMW Service Apprentice Programme batch 2024 MoU signing for Pathumthani Brewery Mechatronics Apprentice Programme
On 22 and 29 August 2025, the GTDEE / GTCC organised workshops on systematic thinking and problem-solving skills development for BMW Service Apprentice Programme batch 2024 at the BMW Training Center in Pathumthani. As part of the cooperation with the BMW Service Apprentice Programme, and five partner vocational colleges, the workshop focused on case studies to develop competence in systematic thinking, problem solving, leadership, and decision making. The apprentices gained knowledge and experience through their discussions, idea and experience sharing, and group decision making.
On 3 September 2025, the GTDEE / GTCC organised a workshop on competencies gap analysis for examination preparation in mechatronics. The mechatronics student batch 2025 – who work in a project-based learning approach – joined the workshop, which focused on how to evaluate competencies by themselves, as compared to the evaluations made by technical teachers.
Organising final examination part 2 for industrial mechanics Workshop on competencies gap analysis regarding examination preparation in mechatronics
Between 17-18 September 2025, the GTDEE / GTCC organised the final examination part 2 for industrial mechanics at the Mechanical Department of Don Bosco Technological College in Bangkok. The examinees trained in the Pathumthani apprenticeship programme batch 2023, while the independent examiners were experts in mechanics comprised of representatives of the Thai-German Pre-Engineering School, College of Technology, KMUTNB, the industrial sector, and the GTCC.
New GTCC members
up to 30 September 2025
German-Thai Chamber of Commerce warmly welcomes 10 new members
Aero Group (1992) Co., Ltd.
Mr. Kachin Klainin
CEO
Ms. Wirada Ukarapattayakul Assistant to COO info@aero1992.com https://www.aerogroup1992.com/ Architectural and engineering activities; technical testing and analysis | Repair and installation of machinery and equipment
PALLAS BrandFare
Ms. Corinna Seidel
Managing Director
Ms. Angela Exner
Digital Marketing Strategist cs@pallas-brandfare.com https://www.pallas-brandfare.com/ Advertising and market research
Mr. Carsten Moeller
carsten_moeller@outlook.com
Gunthart (Thailand) Co., Ltd.
Mr. Patrick Guenthart President thailand@guenthart-th.com https://www.guenthart.com/ Manufacture of bakery and farinaceous products
Pentland Firth Software GmbH
Mr. Frank Heinrich
CEO and Managing Director info@pentlandfirth.com https://pentlandfirth.com/en/ Computer programming, consultancy and related activities
Mr. René Altmann
General Manager Sales at Unionpower Logistics (Thailand) Ltd. altmann.rene29@gmail.com
SM Retail Co., Ltd
Ms. Sandra Schachermeyer Managing Director
Mr. Martin Venzky-Stalling martin@venzky-stalling.com
MKS Atotech
Mr. Thomas Beck
Vice President & GM Southeast Asia info-thailand@mksinst.com https://www.mks.com/ Manufacture of chemicals and chemical products | Manufacture of computer, electronic and optical products | Manufacture of machinery and equipment n.e.c.
Mr. Riko Schachermeyer Founder info@royalgroupthailand.com https://www.facebook.com/theroyalgroupthailand/ Wholesale of beverages | Food and beverage service activities
Technology Consulting Solutions GmbH
Mr. Matthias Surovcik Directing Manager info@tcs-engineering.de https://tcs-engineering.de Architectural and engineering activities; technical testing and analysis
