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GENERAL

Covestro set to beat sector's green target

Business, Yuthana Praiwan, Published on 06/12/2023

» Covestro AG, a Germany-based manufacturer of polymers and polycarbonate, plans to achieve carbon neutrality by 2035, 15 years ahead of the chemical industry's commitment to curbing carbon dioxide emissions.

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GENERAL

BCPG planning to sell solar farms in Japan

Business, Yuthana Praiwan, Published on 05/12/2023

» BCPG Plc, the power generation arm of energy conglomerate Bangchak Group, has decided to sell all nine of its solar farms in Japan in a move to adjust a long-term renewable energy investment.

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GENERAL

'Clean molecules' essential in meeting net-zero goals

Business, Yuthana Praiwan, Published on 28/11/2023

» If countries, including Thailand, want to achieve net-zero targets, they cannot rely completely on renewable energy to produce electricity and fuel economic activities.

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GENERAL

Ratch getting ready to replace RG facility

Business, Yuthana Praiwan, Published on 28/11/2023

» SET-listed Ratch Group, a leading Thai private power developer, is gearing up to develop a new power plant once its ageing combined cycle power plant, which has supplied electricity to the Central region for almost 25 years, is formally retired.

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GENERAL

TTA takes 10.14% share in Valeura

Business, Yuthana Praiwan, Published on 13/11/2023

» Growing oil and gas demand in Asia has prompted SET-listed Thoresen Thai Agencies (TTA), an investment holding firm, to acquire a 10.14% share in Valeura Energy Inc, the second-largest oil producer in Thailand.

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GENERAL

Prime Road maintains B1.4bn revenue target

Business, Yuthana Praiwan, Published on 08/11/2023

» SET-listed Prime Road Power, an operator of solar farms and provider of solar panel installation services, is maintaining its revenue projection at 1.4 billion baht this year thanks to additional electricity generation capacity and higher purchase orders for its solar panel business, says chairman and founder Somprasong Panjalak.

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GENERAL

Fuel usage on the rise amid economic uptick

Business, Yuthana Praiwan, Published on 04/11/2023

» Thailand's fuel consumption rose by 2.3% year-on-year in the first nine months of 2023 to 154 million litres per day (MLD) on average, in line with the country's economic growth, says the Department of Energy Business.

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GENERAL

Van operators call for CNG price cut

Business, Yuthana Praiwan, Published on 03/11/2023

» Public transport providers that use compressed natural gas (CNG) are demanding the government make a significant cut in the price of this fuel following reductions in diesel and gasoline prices, including the latest decrease of 2.5 baht a litre for gasohol 91.

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THAILAND

New corporate mindset

News, Yuthana Praiwan, Published on 26/10/2023

» Energy conglomerate Bangchak Corporation Plc is growing sustainably, with businesses becoming greener, under the leadership of Chaiwat Kovavisarach.

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GENERAL

Farmers in line for subsidised fuel

Business, Yuthana Praiwan, Published on 19/10/2023

» Energy authorities are planning to apply a "green fuel" or non-tax fuel programme for farmers, allowing them to buy oil at inexpensive prices, says Energy Minister Pirapan Salirathavibhaga.