Showing 1 - 10 of 962
Banpu acquires Bedrock for $370m
Business, Lamonphet Apisitniran, Published on 01/10/2025
» Energy conglomerate Banpu Plc has acquired Bedrock Production Llc, which owns upstream and midstream assets in the Barnett Shale in Texas, in the US. The transaction is valued at US$370 million or roughly 12 billion baht.
Consolidation Will Define Southeast Asia’s Petrochemical Future
Published on 30/09/2025
» Despite the post-pandemic recovery, the global petrochemical sector has failed to stabilise. Overcapacity, slowing demand growth, and intensifying competition have pushed margins to their lowest levels in more than a decade. Persistent oversupply will remain the dominant challenge through the end of this decade.
Thai Land Bridge project takes another step forward
Online Reporters, Published on 26/08/2025
» Thailand’s southern Land Bridge megaproject has taken another step forward with the completion of a detailed study by the Office of Transport and Traffic Policy and Planning (OTP).
Double A Reports Strong Q2 Results, Eyes Expansion
Published on 25/08/2025
» Bangkok, August 22, 2025 — Double A has announced its Q2 2025 performance, reporting total revenues of THB 5.238 billion and a net profit of THB 413 million. The strong results, nearly matching the previous quarter, reflect the company’s resilience in sustaining profitable growth while navigating global challenges including geopolitical conflicts, US trade tensions, and Thai currency volatility.
Thai unicorn head honchos cut to the chase
Business, Suchit Leesa-nguansuk, Published on 22/08/2025
» Thailand’s three unicorns — Bitkub Capital Group Holdings, Flash Express and Line Man Wongnai — are entering a transformative phase as they gear up for initial public offerings (IPO) and aim to become part of the country’s critical infrastructure.
Covestro acquires Vencorex sites in US, Thailand
Published on 18/08/2025
» Bangkok, August 18, 2025 — German materials manufacturer Covestro has signed an agreement with Vencorex Holding SAS, a subsidiary of Thai chemical company PTT Global Chemical Public Company Limited, to acquire two legal entities with stand-alone production sites for HDI (Hexamethylene Diisocyanate) derivatives in Rayong, Thailand, and Freeport, the United States. The legal entities and sites were formerly part of the French aliphatics specialist Vencorex. With this acquisition, Covestro strategically expands and improves its aliphatics production portfolio in the US and in the Asia-Pacific region. The company thereby further advances the implementation of its "Sustainable Future" corporate strategy by continuing its growth in profitable and innovative business areas such as Coatings and Adhesives.
EGCO profit jumps 88% on strong performance
Published on 15/08/2025
» Bangkok, August 15, 2025 - Electricity Generating Public Company Limited (EGCO Group) has announced strong first-half 2025 results, posting a net profit of 5,734 million baht—an increase of 2,679 million baht or 88% year-on-year. The solid performance was largely driven by the company’s “Triple P” strategy, which emphasises strategic asset recycling.
Australia to buy 11 advanced warships from Japan
AFP, Published on 05/08/2025
» SYDNEY - Australia will upgrade its navy with 11 Mogami-class frigates built by Japan's Mitsubishi Heavy Industries, Defence Minister Richard Marles said on Tuesday.
The art of forming alliances
Published on 12/07/2025
» Two new parties have been formed, which are thought will shore up the political fortunes of the ruling Pheu Thai Party in the next polls.
