Kaloyan Andonov speaks to Tianyi Sun, director of corporate venture capital at GC International, about the experience of the relatively young CVC arm of Thailand-based PTT Global Chemical Public Company (PTTGC), its alignment with the strategy of its corporate parent and what it can offer to the entrepreneurs it backs
Kaloyan Andonov: PTTGC is a chemical company from Thailand with a global footprint, but what has stirred its interest in corporate venture capital?
Tianyi Sun: PTTGC is a petrochemical company with $15bn in assets and headquartered in Thailand. The company has gradually built a portfolio in sustainability, such as bio-based chemicals and has been ranked first in the chemicals industry by Dow Jones Sustainability Index for three consecutive years. PTTGC’s interest in corporate venture capital (CVC) goes back almost…
