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Search Result for “petrochemicals”

Showing 1 - 10 of 392

THAILAND

Fertiliser cargo stuck in strait

News, Post Reporters, Published on 29/03/2026

» Five fertiliser shipments remain stranded in the Strait of Hormuz, heightening supply concerns and prompting contingency measures, while Prime Minister Anutin Charnvirakul has ordered an urgent review of oil cost structures and the rollout of nationwide relief measures starting Wednesday.

BUSINESS

Credit outlook steady as fuel subsidy ditched

Business, Published on 27/03/2026

» The government's decision to abolish blanket fuel price subsidies helps reduce the possibility Thailand will face a credit downgrade, even though the measure could pressure fragile domestic consumption and push inflation to rise.

OPINION

PM's crisis-coping skills again in doubt

Oped, Nattaya Chetchotiros, Published on 26/03/2026

» A joint military attack on Iran by the United States and Israel appears to have had a profound political impact on the Anutin government. Prime Minister Anutin Charnvirakul and his ministers have come under heavy criticism from the public and commentators alike for what is widely seen as a failure to handle the oil supply situation effectively.

BUSINESS

UOBAM bullish on Thai equities

Business, Nuntawun Polkuamdee, Published on 25/03/2026

» UOB Asset Management (Thailand) has expressed optimism about Thai equities despite short-term pressures from geopolitical tensions and higher energy costs, saying that economic recovery, returning foreign investment and improved political stability should support market growth.

BUSINESS

Plastic packaging at risk as war hits crucial raw material supplies

Business, Lamonphet Apisitniran, Published on 23/03/2026

» Packaging may be the next industry to bear the brunt of petrochemical supply disruptions if the Israel-US war on Iran does not abate, says Veera Kwanloetchit, a director of the Public Private Partnership for Sustainable Plastic and Waste Management.

BUSINESS

Volatility easing as traders adjust to war

Business, Published on 21/03/2026

» Trade on Thai and global stock markets has been volatile this month amid escalating conflicts in the Middle East. This week, attacks on energy infrastructure by both the Israeli-US and Iranian sides are having a direct impact on energy prices and availability.

BUSINESS

Thai stocks surge as outlook brightens on Mideast war

Business, Boonsong Lipimas, Published on 18/03/2026

» Stock markets are increasingly pricing in a more positive outlook for the Middle East war following recent signals from the US and oil prices stabilising, while the Thai government has stepped up petrol supply to ensure fuel security.

BUSINESS

SCG halts olefins unit following Hormuz disruption

Business, Lamonphet Apisitniran, Published on 11/03/2026

» Industrial conglomerate Siam Cement Group (SCG) is temporarily shuttering its olefins plant in Rayong, though it remains confident its other businesses will continue to operate as normal during the conflict in Iran.

BUSINESS

Geopolitical risks cloud equity market outlook

Nuntawun Polkuamdee, Published on 11/03/2026

» Escalating tensions between Iran, the US and Israel could trigger a major military confrontation within 3-4 months, potentially driving crude oil prices as high as US$135 per barrel in a worst-case scenario, pundits warn.

BUSINESS

Oil shortage hits petrochemical output

Nareerat Wiriyapong, Published on 09/03/2026

» The current “oil shock” has begun to affect companies on the Stock Exchange of Thailand (SET), with industrial conglomerate Siam Cement (SCC) suspending operations at its petrochemical unit in Map Ta Phut due to insufficient feedstock amid the Middle East war, analysts say.