PTT MCC Biochem
PTTMCC is a strategic joint venture between PTT Global Chemical Public Company Limited (PTTGC) and Mitsubishi Chemical Corporation (MCC). The PTTMCC team is a passionate corporation issued from two globally reputable driving forces in the field of energy & petrochemical and willing to bring sustainability and comfort to the world and people. Spearheading by a team of enthusiastic veterans in the …
Profile
PTT MCC Biochem Co., Ltd. (PTTMCC) is a 50/50 joint venture between PTT Global Chemical (GC) and Mitsubishi Chemical Corporation (MCC) that develops and manufactures BioPBS™ compostable/biodegradable PBS plastic for sustainable packaging applications. It began commercial production of BioPBS in 2017 at its Rayong, Thailand plant. The JV was established in Mar 2011 (incorporation shown as Mar 30, 2011) with headquarters in Bangkok and a registered address in Bangkok. It is still listed as “Active” in Tracxn as of 2024-12-31, but business withdrawal means normal operations continue until Dec 31, 2026; production terminated Dec 2025 and sales end when stock runs out; after dismantling, the company will be dissolved and liquidated. Reported revenue is 2.01B THB for the year ending Dec 31, 2023; capacity and employee figures aren’t provided in the results. Key customers/partners aren’t named, but BioPBS is used in paper-cup and coffee-capsule coatings, and it’s presented for food-contact use and home/industrial compostability. Latest 2025-2026 updates: a 2025 public hearing at the Rayong plant and 2026 customer showcasing; alongside the formal withdrawal announcement.
Sources#
- About Us | PTT MCC BIOCHEM CO., LTD.
- Notice Regarding Withdrawal from the Polybutylene Succinate (PBS) Business | News Releases | Mitsubishi Chemical Group Corporation
- Mitsubishi Chemical to withdraw from polybutylene succinate business at PTT MCC Biochem — 2026-05-01
- PTT MCC BIOCHEM COMPANY LIMITED - 2026 Company Profile & Financials - Tracxn — 2024-12-31
- News & Event | PTT MCC BIOCHEM CO., LTD. — 2026-05-12
- What’s BioPBS | PTT MCC BIOCHEM CO., LTD.
- Sustainable Management | PTT MCC BIOCHEM CO., LTD.
- Mitsubishi Chemical to Exit PBS Biopolymer Production — 2026-05-20
- Industry
- Biorefining, Industrial chemistry, Packaging & plastics, Textiles & leather, Waste & circular economy
- Topics
- PBS / PBAT & biodegradable plastics, Cellulose, viscose & lyocell fibres, Organic acids & bio-based chemicals
- Role
- Services / consulting — “…trademarked BioPBS in 2012; EPC contract in 2013; plant completion and commercial operation in 2014–2017; shar…”
Bio-solutions it supplies 0
Not yet cited as a supplier in a graded solution.
What they offer
This company does not publish its products or services — we find out through an introduction.
News & status 6
- 2026-05 Latest status: The company is undergoing a business withdrawal, with production having terminated in December 2025 and the entity scheduled for dissolution and liquidation following the exhaustion of remaining stock and facility dismantling. ↗ ↗ ↗
- Status review: winding down — Business withdrawal; to be dissolved and liquidated, operations until 31 Dec 2026.
- 2026-05-12 News & Event | PTT MCC BIOCHEM CO., LTD.PTT MCC Biochem Company Limited (PTTMCC) announces a business withdrawal, with normal operations continuing only through December 31, 2026. For more information, they invite inquiries at
- 2026-05-01 Mitsubishi Chemical to withdraw from polybutylene succinate business at PTT MCC BiochemPTT MCC Biochem Co., Ltd. (a joint venture between Mitsubishi Chemical and PTT Global Chemical) will be dismantled and liquidated after Mitsubishi Chemical withdraws from the BioPBS polybutylene succinate business; production at the Rayong, Thailand site ended …
- 2026-05-12 PTTGC แจ้ง “พีทีที เอ็มซีซี ไบโอเคม” ยุติกิจการพลาสติกชีวภาพ PBSPTT MCC Biochem (PTTMCC), a 50/50 joint venture between PTT Global Chemical and Mitsubishi Chemical, has approved plans to wind down its PBS bioplastic business, with the process expected to be completed by 203? (year 2571 BE, i.e., 2028/2029 in Thai …
- 2026-05-13 三菱化学退出泰国PTT MCC Biochem可生物降解塑料PBS业务 - B910化工PTT MCC Biochem is a Thai venture (PTT Global Chemical and Mitsubishi Chemical) that produced BioPBS biodegradable plastic, but its operations were terminated in 2025 with liquidation underway due to persistent low profitability and market challenges.
- 2025-09-09 BioPBS Story | PTT MCC BIOCHEM CO., LTD.PTT MCC Biochem positions BioPBS as a high-performance, compostable bioplastic platform with strong food-contact certifications, wide processing compatibility, and ongoing product development (notably FD72PM now and FD52PM planned) to meet sustainability and …
- 2025-05-29 News & Event | PTT MCC BIOCHEM CO., LTD.PTTM MCC Biochem announces a collaboration with Compostify, a New Zealand clean-tech company offering a home-compostable bioplastic that can be processed on existing equipment and provides scalable, truly compostable end-of-life solutions without relying on …
Network: owners, partners, peers
Ownership & investors 1
| parent | Joint venture between PTT Global Chemical Public Company Limited |
Partners & deals 2
| joint venture | PBS biodegradable plastic …oPBS biodegradable plastic, Rayong plant |
PTT MCC Biochem Co., Ltd. (PTTMCC) is a 50/50 joint venture between PTT Global Chemical (GC) and Mitsubishi Chemical Corporation (MCC) that develops… |
| joint venture | PTT MCC Biochem Company Limited (PTTMCC …-
- — 2026-05-20
- ** ** — PTT MCC Biochem Company Limited (PTTMCC) is a strategic joint venture between PTT Global Chemical Public Company Limited (GC) and Mitsubishi Chemical Corporati… |
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