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BUSINESS

Unfazed OR maintains B92.5bn investment plan for 2022

Business, Yuthana Praiwan, Published on 29/03/2022

» PTT Oil and Retail Business (OR) is maintaining its 92.5-billion-baht investment plan for 2022 despite the high fluctuations of global oil prices, driven by the Russia-Ukraine war.

BUSINESS

PTTGC to phase out polymer output

Business, Yuthana Praiwan, Published on 18/02/2022

» PTT Global Chemical (PTTGC) expects to phase out its production of polymers used for making single-use plastic bags this year as it is committed to more environmentally friendly manufacturing.

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BUSINESS

SKE signs deal to supply SCG

Business, Yuthana Praiwan, Published on 25/12/2021

» SET-listed Sakol Energy (SKE), a compressed natural gas trader and biomass power plant operator, has secured a long-term agreement to sell refused-derived fuel (RDF) to Siam Cement Group Plc (SCG), marking a significant step in the waste-to-energy (WTE) business.

BUSINESS

Egco buys 24% share of Peer Power

Business, Yuthana Praiwan, Published on 22/12/2021

» Electricity Generating Plc (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand, has ventured into the peer-to-peer (P2P) power trade segment by acquiring a 24.24% share in Peer Power Co, a fintech startup specialising in digital platform technology.

BUSINESS

IRPC vows to stamp out corruption

Business, Yuthana Praiwan, Published on 28/10/2021

» IRPC Plc, a petrochemical arm of national oil and gas conglomerate PTT Plc, has announced zero tolerance of corruption, a major hindrance to national economic development and business progress in the private sector.

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BUSINESS

TPCH eyes options as wood chip prices rise

Business, Yuthana Praiwan, Published on 17/09/2021

» Higher prices for wood chips are causing TPC Power Holding Plc (TPCH), a renewable power generation arm of Thai Polycons Plc, to carefully manage their usage for its biomass-fired power plants in the deep South.

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BUSINESS

PTT, Foxconn cooperate on EV facility

Business, Yuthana Praiwan, Published on 16/09/2021

» A new company under cooperation between PTT Plc and Taiwan-based multinational electronics manufacturer Hon Hai Precision Industry Co will be set up to develop an electric vehicle (EV) production facility, worth US$1-2 billion, in the Eastern Economic Corridor.

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BUSINESS

BCP and Thai Airways unveil pie tie-up

Business, Yuthana Praiwan, Published on 28/08/2021

» Bangchak Corporation Plc (BCP), a mostly state-owned energy company, plans to work with the Puff & Pie Bakery House business of Thai Airways International Plc (THAI) to add pies and rolls to its Inthanin cafes.

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BUSINESS

PTTGC to build giant biopolymer plant

Business, Yuthana Praiwan, Published on 11/08/2021

» PTT Global Chemical (PTTGC) Plc, Thailand's largest petrochemical producer by capacity, and US-based Cargill Incorporated have agreed to develop a biopolymer production facility worth US$600 million, or 20 billion baht, in Nakhon Sawan.

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BUSINESS

Initiative aims to provide talent for the EV industry

Business, Yuthana Praiwan, Published on 22/07/2021

» SET-listed Energy Absolute Plc (EA), a renewable energy developer and operator, has teamed up with Rajamangala University of Technology Isan (RMUTI) to produce university graduates with new technological skills to serve EA-run battery and electric vehicle (EV) production facilities in Chachoengsao.