Showing 1 - 10 of 66
PSP Specialties anticipates prospects for sales growth
Business, Yuthana Praiwan, Published on 27/08/2025
» Thailand's engine oil exports continue to experience significant growth despite the US reciprocal tariff policy, thanks to demand from China and Southeast Asia, says Thai lubricant manufacturer PSP Specialties Plc.
PJW anticipating buoyant performance this year
Business, Yuthana Praiwan, Published on 30/05/2025
» Thai plastic moulding operator Panjawattana Plastics Plc (PJW) expects its performance this year to mimic results in 2023 thanks to revenue from its mainstream products and a new business.
PSP Specialties evolves via acquisition
Business, Yuthana Praiwan, Published on 03/04/2025
» SET-listed PSP Specialties, a Thai lubricant manufacturer, has invested 409 million baht in Recycle Engineering, a chemical recycling firm, to expand into a sustainability business and fuel revenue growth.
PSP revenue set to rise 15% as lubricant sales boom
Business, Yuthana Praiwan, Published on 11/03/2025
» SET-listed PSP Specialties, a Thai lubricant manufacturer, expects its revenue to increase by 15% this year as sales will be boosted via overseas market expansion and new products offered to data centres and cloud businesses.
Bangchak Reports Record Revenue, Doubling Synergy Target
Published on 21/02/2025
» Bangchak Group reported its 2024 operating results, achieving a record high in revenue from sales and services. Total revenue reached THB 589,877 million, reflecting growth of over 53% from the previous year, with an EBITDA of THB 40,409 million. The company also recorded an all-time high in both revenue and total sales volume, reaching 13.8 billion litres. Additionally, synergy recognition amounted to THB 6,071 million, more than double the target. This resulted in a total profit attributable to owners of the parent of THB 2,184 million, equivalent to earnings per share of THB 1.30.
Singapore oil mogul declared bankrupt after empire collapsed
Published on 29/12/2024
» Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.
IRPC Drives Innovation for Sustainable Growth
Published on 08/11/2024
» IRPC forecasts a surge in oil demand during the winter season. The forecast aligns with the petrochemical group's preparation for production and distribution of products during the year-end festival season due to increasing demand expectations. IRPC aims to drive the organisation with innovation and create business intelligence with the Save Overcome Strive (SOS) strategy, while keeping track of the impacts affecting the company to provide solutions to cope with global economic volatility.
PSP banks on EV industry expansion for growth
Business, Yuthana Praiwan, Published on 30/05/2024
» PSP Specialties Plc, Thailand's largest lubricant producer by capacity, is benefiting from the growth of the electric vehicle (EV) industry by selling lubricants and lubricant-related products suitable for battery-powered cars.
ExxonMobil lube sales tipped to see growth of 10% this year
Business, Yuthana Praiwan, Published on 25/04/2024
» ExxonMobil Marketing (Thailand) expects sales of its Mobil 1 lubricants to grow by 10% this year, maintaining its status as a key operator of finished lubes and chemical marketing in Thailand after Bangchak Corporation took over Esso (Thailand) Plc last year.
Bangchak Corporation Thrives in 2023, Paving the Way to 40th Year
Published on 13/12/2023
» Bangchak Corporation Public Company Limited reflects its success in 2023 after becoming the major shareholder in Bangchak Sriracha Co., Ltd. It has risen to the forefront of the international energy business with strength through the integration of synergy and the development of a platform for growth for sustainability, accessibility, and energy security. The company is also moving towards a low carbon society to achieve the goal of net zero greenhouse gas emissions by 2040.