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For over 40 years, SCG Chemicals Public Company Limited or SCGC has been committed to developing integrated chemical innovations and conducting business following ESG guidelines and Sustainable Development Goals (SDGs), advancing to become the "Chemical Business for Sustainability." Those interested can find out more at https://bit.ly/3UAqVTF
SCGC develops chemical innovations that not only address lifestyle needs but also improve people's quality of life, drive the economy, and open up new and endless possibilities. Thanks to the diverse properties of plastics and polymers, they can be used as raw materials for manufacturing a wide range of high-quality items around us. SCGC places a significant emphasis on High Value Added Products & Services (HVA), which accounted for 35.8% of total HVA sales revenue in 2021. SCGC focuses on developing such products to meet five global megatrends, including infrastructure changes due to urbanization, the shift to electric vehicles, the transition to clean energy, healthcare, and the development of green innovation, such as green polymers and low-carbon innovations.
One of the strategies that SCGC has consistently focused on and developed is the development of green innovation, such as green polymers. The company intends to increase its green product portfolio to one million tons annually by 2030. The polymer resins were developed on the basis of the circular economy under the brand SCGC GREEN POLYMERTM, plastic solution series that is environmentally friendly, encompassing four areas:
Advancements in digital technology in the petrochemical industry are emerging swiftly and continually. SCGC is aware of this and has embraced these emerging innovations to expand its business's capabilities and increase available options for addressing our challenges.
SCGC has developed the Digital Commerce Platform (DCP), an integrated platform that provides end-to-end data visibility to our customers in their ordering journey. The platform can respond to customers' inquiries in real time, allowing customers to make instant decisions. It can also leverage data collecting of customer voices for analysis to develop new products, resulting in enhanced customer service and a 70% reduction in consumer waiting time.
In terms of production optimization, SCGC has developed machine learning to forecast market conditions which assist in making better decisions regarding the sourcing of raw materials to match customer demand. Furthermore, it adopts a digital twin or simulation, robotics, and the Internet of Things to optimize business processes and maximize reliability. Regarding cybersecurity, SCGC has devised measures and adopted numerous cybersecurity technologies to protect the personal information of all relevant parties. It also regularly promotes cybersecurity awareness among its employees.
SCGC strives to develop green polymers in accordance with circular economy principles and drive business growth, along with social and environmental stewardship in line with ESG and SDGs guidelines. The efforts are to provide people with a good quality of life and contribute to sustainability.
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