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Strait of Hormuz disruption forces Thai petrochemical giants to cut production, raise prices

• By admin
• Mar 10, 2026
• 1 min read
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BANGKOK, Thailand – Major petrochemical producers in Thailand, the world’s eighth-largest petrochemical hub, have begun notifying customers of production cuts and price hikes as the closure of the Strait of Hormuz disrupts global feedstock supplies. SCG Chemicals (SCGC) announced it has declared force majeure at its Rayong Olefins (ROC) plant. Thammasak Sethaudom, President of SCG, […]

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• #thailand
• #global
• #customers
• #hikes
• #feedstock