Thailand aims to position itself as a regional leader in sustainable industry and innovation, guided by the Bio-Circular-Green Economy Model. Within the manufacturing sector, the petrochemical industry and plastics value chain stand out for their strategic importance to Thailand's economy and employment. The country is the largest petrochemical producer within the ASEAN region and the third-largest bioplastics manufacturer in the world. Transforming these sectors will be key to reaching Thailand's net-zero greenhouse gas emissions target by 2050, as announced in its second Nationally Determined Contribution, alongside boosting competitiveness.
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