Risk Assessment of Hazardous Substances in Products

With a commitment to reduce, limit and terminate the use of hazardous chemicals, which may harm the environment and the health of employees and consumers, GC has reviewed national and international laws, regulations, and standards related to the termination or control of chemical use, e.g. the List of Hazardous Substances according to the Department of Industrial Works, the Montreal Protocol on Substances that Deplete the Ozone Layer, the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH), and the Restriction of Hazardous Substances (RoHs), etc. The objective of such action is to regulate the use of chemicals throughout the life cycle of product.

In 2025, GC established the target to develop environmentally friendly products and limit environmentally harmful products in our portfolio (as defined in the Annex XVII of the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation) where revenue from these products must not exceed 3% of the Company’s total product revenue. As a result, GC was able to successfully limit revenue from environmentally harmful products to 2% of the Company’s total product revenue.

In line with GC's commitment to substituting and phasing out hazardous substances in product manufacturing, GC collaborates with industry associations to identify viable substitutes for hazardous substances. The company allocates dedicated resources and budgets for research and development (R&D), and transparently monitors and reports on the progress of these operations on a regular basis.

In 2025, GC successfully achieved its goal to eliminate Per-and Polyfluoroalkyl Substances (PFAS) as raw materials in the production of Metallocene Linear Low Density Polyethylene (mLLDPE) in the Flexible Plastics segment. This is significant as many countries have determined that PFAS may be hazardous to the environment and living organisms. Particularly in the United States and the European Union, regulations are being considered to control and prohibit the use of PFAS as components in products. For example, the US Environmental Protection Agency (US EPA) recently enacted legislation under the Toxic Substances Control Act (TSCA) requiring manufacturers and importers of PFAS and PFAS-containing products to report information on usage, disposal, and various hazard levels. Since 2023, GC has innovated and piloted the production of alternative environmentally friendly products that are PFAS-free, and began commercializing these products in 2025, receiving positive feedback from customers. Consequently, GC allocated an additional 1 million baht budget in 2025 for innovation and pilot production of PFAS-free products, with plans to expand this initiative to other GC products as well.

Additionally, GC's subsidiary allnex operates under a commitment to substance substitution and hazardous substance elimination through its Voluntary Substance Phase-out Program. allnex is currently working to eliminate PFAS from fire-fighting foams in alignment with European Union regulations. The EU has announced key regulations under Regulation (EU) 2025/1988, which amends Annex XVII of the REACH regulation to restrict the use of PFAS in fire-fighting foams. The new requirements will take effect from October 23, 2030 onwards, marking a significant step in reducing the use of highly persistent PFAS that may have long-term health impacts.

For more details on these operations, please visit: https://ecowise-choice.com/substances-of-concern/voluntary-phase-out-program/

Another hazardous substance, Bisphenol A (BPA), is a chemical regulated by authorities in many countries, particularly in the European Union, which began enforcing measures to ban BPA in certain food contact materials starting in 2025. This is due to evidence that long-term exposure to BPA may impact living organisms, such as causing endocrine disruption. BPA is used as a precursor in manufacturing various chemical products, such as polycarbonate and epoxy resin. Although BPA continues to be used in epoxy resin for certain applications, the industry and many countries have prioritized risk management for long-term exposure and continue to develop approaches to reduce and substitute the use of this substance.

Developing alternative epoxy resins that are BPA-reduced or BPA-free is therefore a key approach to reducing reliance on hazardous substances and preparing for regulatory trends and market expectations. The development of BPA-free epoxy resin is an innovation collaboration between GC and allnex, where GC takes responsibility for developing the knowledge and synthesis processes for epoxy resin that is BPA-reduced or BPA-free, while allnex further develops applications in industrial coatings, such as metal packaging, food can coatings, metal surface protection, and wood coatings.

GC has allocated research and development (R&D) budget to support the development of these products, with 500,000 baht in 2025 for laboratory-level development and testing, and 720,000 baht to support expanded development, performance testing, and evaluation of readiness for commercial production and application.

The collaboration with TIPMSE to drive the Design for Recycling Guideline for sustainable packaging

GC has participated in the development of the “Packaging Design for Recycling Guideline” which takes into consideration the impacts on the supply chain and stakeholders across all stages of the packaging life cycle. This initiative is carried out in collaboration with the Thailand Institute of Packaging and Recycling Management for Sustainable Environment (TIPMSE) under the Federation of Thai Industries (FTI), along with relevant public and private sector organizations. The objective is to promote packaging design that supports recyclability, with a focus on eliminating the use of Polyvinyl Chloride (PVC) labels on Polyethylene Terephthalate (PET) bottles, as PVC is considered a hazardous substance that can significantly degrade the quality of recycled PET products.

GC has also prepared the Product Safety and Toxicity Disclosure, and has communicated relevant information to employees and suppliers, in order to ensure that the chemicals used in the production process comply with related regulations and laws. GC has provided its customers with the instruction on the safe management of its products through the product labelling in accordance with United Nation’s Globally Harmonized System of Classification and Labelling of Chemicals (GHS) standard. This includes product usage, storage transportation, disposal, etc.

Safety Data Sheet (SDS)

100% of GC's products have been classified, labeled, and detailed on safety data sheets regarding health and environmental hazards in accordance with the Globally Harmonised System for Classification and Labeling of Chemicals (GHS). GC has prepared Safety Data Sheets (SDS) following the GHS classification system and discloses SDS documents in both Thai and English on its website in a One Page view format and on a mobile application for contractors. This is to communicate safety information on various chemicals to both internal and external stakeholders, including operators, customers, communities, business partners, industrial estate groups, and government agencies. Additionally, GC includes information on medical treatment procedures and long-term medical monitoring for individuals who are at risk from hazardous substances in products within the SDS.

In addition, the company are aware of the environmental impacts from the use of the hazardous substance. In this regard, GC continues to research and develop products to reduce the use of hazardous chemicals or transform into safer chemicals, as we as prioritize and schedule operations to minimize environmental and human health impacts.