Showing 1 - 10 of 59
Gas trader WP sees 7.3% revenue gain in 2024
Business, Yuthana Praiwan, Published on 14/11/2023
» SET-listed WP Energy, Thailand's second-largest liquefied petroleum gas (LPG) trader by sales volume, expects sales growth of 2.5% and revenue growth of 7.3% next year, despite the state's policy of capping domestic LPG prices.
Gulf completes purchase of US gas plant
Business, Yuthana Praiwan, Published on 01/03/2023
» Gulf Energy Development Plc, Thailand's largest power producer by market value, is set to rake in more revenue after becoming an owner of Jackson Generation, a 1,200-megawatt gas-fired power plant in the US.
Egco adds 2 wind farms to portfolio
Business, Yuthana Praiwan, Published on 27/09/2022
» SET-listed the Electricity Generating Plc (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand (Egat), has added more assets to its renewable energy portfolio by taking over two wind farms in the northeastern province of Chaiyaphum.
PTT shifts gear to the EV industry
Business, Yuthana Praiwan, Published on 17/09/2022
» National oil and gas conglomerate PTT Plc wants to revamp its corporate image as a key manufacturer in the growing electric vehicle (EV) industry.
PTT sells Indonesian mines
Business, Yuthana Praiwan, Published on 03/08/2022
» National oil and gas conglomerate PTT Plc has decided to sell its Indonesian coal mining business for US$471 million as the firm continues to move towards clean energy.
OR looks to startups, SMEs to raise Ebitda
Business, Yuthana Praiwan, Published on 13/07/2022
» PTT Oil and Retail Business Plc (OR) expects to achieve a target to have earnings before interest, tax, depreciation and amortisation (Ebitda) at a rate of 50% from partnerships with startups and small and medium-sized enterprises (SMEs) within 2030 under an inclusive growth concept.
OR acquires stake in restaurant operator
Business, Yuthana Praiwan, Published on 29/10/2021
» PTT Oil and Retail Business Plc (OR), the country's largest oil trader by sales volume, has expanded its food business by acquiring a 25% stake in Imsub Global Cuisine Co (ISGC), the owner and operator of restaurant brands including Kouen Sushi Bar, for 192 million baht.
PTT Group to scale battery production
Business, Yuthana Praiwan, Published on 20/07/2021
» National oil and gas conglomerate PTT Group is aiming to scale its battery production capacity to a gigawatt-hour level after opening a factory in Rayong, the first semi-solid battery production facility in Southeast Asia.
GPSC ups investment in EV battery production
Business, Yuthana Praiwan, Published on 11/02/2021
» Global Power Synergy Plc (GPSC), a power generation arm of national oil and gas conglomerate PTT, is accelerating its spending on electric vehicle (EV) battery production by making a 500-million-baht investment to acquire an 11.1% equity interest in Chinese battery manufacturer Anhui Axxiva New Energy Technology Co (AXXIVA).
SGP acquires Linh Gas Cylinder in B707.8m deal
Business, Yuthana Praiwan, Published on 19/01/2021
» Siamgas and Petrochemicals Plc (SGP), Thailand's second largest trader of liquefied petroleum gas (LPG) by volume, is continuing to emphasise its diversification into LPG cylinder production, with the latest 707.8-million-baht asset acquisition deal expected to make it better compete in the tough industry.