Fatty Alcohol Alkoxylates Companies

Fatty Alcohol Alkoxylates Market

February 2023- Fitch Ratings (Thailand) has assigned Global Green Chemicals Public Company Limited (GGC) a National Long-Term Rating of 'A-(tha)'. The Outlook is Stable. The 'A-(tha)' rating incorporates a two-notch uplift from its 'bbb(tha)' Standalone Credit Profile (SCP), driven by support deemed to be available from its stronger 72%-parent PTT Global Chemical Public Company Limited. Fitch assesses PTTGC as having 'Medium' strategic, 'Medium' operational, and 'Low' legal incentives to support GGC. GGC's SCP reflects its small operating scale, limited product diversification, and the cyclical demand for its products. This is counterbalanced by GGC's position as the leading biofuel and oleochemical producer in Thailand, with competitive production cost and PTT group as its main off-taker, which ensures demand certainty. Fitch expects GGC's leverage to rise in the medium term as the company executes its expansion strategy.

March 2023- The WTO allows an importing country to impose safeguard duties even if there are no instances of any unfair trade practices by exporters. As a member of the World Trade Organisation (WTO), India is permitted to use trade remedial measures (TRMs) such as anti-dumping, anti-subsidy countervailing, and safeguards duties to block low-priced imports to protect competing domestic industries. However, excessive use of TRMs can harm downstream industries and limit the overall growth of India's manufacturing sector, especially if applied to key industrial inputs. That calls for using TRMs sensibly to avoid their adverse side effects. They should be used only when a competing domestic industry is truly threatened or facing certain closure. The membership of the global trade body not only helps open up the global markets for Indian exports but also allows India to protect its competing domestic industries from low-priced imports, whether dumped or subsidized, if they're causing or threatening to cause serious harm or injury to them.

The prominent market players of the global Fatty Alcohol Alkoxylates Market are 

• BASF SE,


• Croda International Plc,


• KLK OLEO,


• SASOL and Stepan Company,


• Huntsman Corporation,


• Clariant International AG,


• Procter and Gamble Chemicals,


• Gujchem, HELM AG,


• Ineos,