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Search Result for “refinery margins”

Showing 1 - 10 of 36

BUSINESS

Call for fuel tax cut as crisis mounts

Business, Lamonphet Apisitniran, Published on 31/03/2026

» The Federation of Thai Industries (FTI) has called on the government to introduce urgent measures, including a possible excise tax reduction on fuel, to help small and medium-sized enterprises (SMEs) cope with escalating operating costs driven by surging global crude oil prices.

BUSINESS

Call for urgent action to tackle rural oil shortage

Business, Lamonphet Apisitniran, Published on 19/03/2026

» The Federation of Thai Industries (FTI) has called on the government to intervene in support of oil middlemen, known locally as "jobbers", who are struggling to secure supplies from refineries, resulting in a shortage affecting industrial and agricultural sectors, as well as smaller filling stations not affiliated with major retail brands.

BUSINESS

SCGD invests B599mn in Vietnam plant

Business, Lamonphet Apisitniran, Published on 28/01/2026

» SCG Décor Plc (SCGD), a seller of decorative surfaces and bathroom products, is set to invest 599 million baht to expand production of glazed porcelain tiles at its factory in Vietnam, aiming to capture rising global demand despite Thailand's sluggish economy.

BUSINESS

Manufacturing maintains downward trend

Business, Lamonphet Apisitniran, Published on 29/03/2025

» Thailand's Manufacturing Production Index (MPI) continues to fall, declining by 3.91% year-on-year to 96.2 points in February, attributed to the combined effects of the country's high level of household debt and weak consumer purchasing power as well as the US's new trade policy, says the Office of Industrial Economics (OIE).

SUSTAINABILITY

PTT set to rev up hydrogen investments

Business, Lamonphet Apisitniran, Published on 13/03/2025

» National oil and gas conglomerate PTT Plc is planning to strengthen investments in large-scale hydrogen energy development to serve industries, notably power generation, which increasingly require cleaner fuels.

BUSINESS

Siemens unit bullish on outlook for CT scanners

Business, Lamonphet Apisitniran, Published on 09/02/2023

» Siemens Healthineers, a subsidiary of German multinational conglomerate Siemens, expects to add Thailand to a list of users of its latest computerised tomography (CT) scan technology, which promises better disease diagnosis at hospitals.

BUSINESS

Exxon cancels B330bn project

Business, Lamonphet Apisitniran, Published on 05/05/2022

» US oil and gas giant Exxon Mobil Corporation has scrapped its 330-billion-baht ethylene cracker and refinery expansion project in Chon Buri, but the decision will not affect the Eastern Economic Corridor (EEC) scheme, says a source at the Industrial Estate Authority of Thailand (IEAT) who requested anonymity.

BUSINESS

State mulls reply to oil price spike

Business, Lamonphet Apisitniran, Published on 08/03/2022

» The government has two choices to cope with the upsurge in global oil prices -- borrow more money to continue price subsidies or let local oil prices spike -- as the global price could soar to US$150 a barrel amid the Russia-Ukraine war.

BUSINESS

IRPC anticipating uptick in naphtha prices

Business, Lamonphet Apisitniran, Published on 03/03/2022

» SET-listed IRPC, a petrochemical arm of national oil and gas conglomerate PTT Group, expects the Russia-Ukraine conflict to drive up prices of naphtha, a feedstock for the petrochemical industry, following soaring global crude oil prices.

BUSINESS

Value of food exports to rise amid global jab drive

Business, Lamonphet Apisitniran, Published on 26/04/2021

» The value of Thai food exports is expected to increase by 5-7% this year to 1 trillion baht as a global Covid-19 vaccination drive continues, says the Federation of Thai Industries' (FTI) food processing industry club.