Amsterdam based PTTGC NL serves as a global business development and scouting arm for new investment opportunities, particularly in the petrochemicals, specialty chemicals and new technology sectors. It also serves as an active holding company for current investments in Europe. Currently, PTTGC NL is the 100% holding company of Vencorex (headquartered in France, global operations in the polyurethane market) and Allnex (headquarted in Germany, global coatings business).