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GENERAL

Domestic oil demand set to rise this year

Business, Yuthana Praiwan, Published on 29/02/2024

» Demand for refined oil, especially jet fuel, in Thailand is expected to grow this year despite a projection of slow economic growth, says Thai Oil Plc, the country's largest oil refinery by capacity.

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GENERAL

FTI chairman race heats up

Business, Yuthana Praiwan, Published on 01/03/2024

» The competition for the chairman post of Federation of Thai Industries (FTI) has intensified as vice-chairman Somphote Ahunai, chief executive of Energy Absolute, a renewable energy and electric vehicle developer, announced his candidacy at the group with more than 15,000 members nationwide.

GENERAL

Nex Point: Weak growth aids sales

Business, Yuthana Praiwan, Published on 28/02/2024

» The projection of slow economic growth in Thailand this year is believed to be good for electric vehicle sales, says Nex Point Plc, a local assembler of commercial EVs.

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GENERAL

Thailand seeks two years to fully adopt green tariff

Business, Yuthana Praiwan, Published on 27/02/2024

» Thailand may take two years to fully adopt the green utility tariff (GUT), recently launched to regulate renewable power prices, as many businesses would need time to adapt to the global campaign against carbon-intensive manufacturing, according to the Energy Regulatory Commission (ERC).

GENERAL

May Bangkok summit to discuss key challenges

Business, Yuthana Praiwan, Published on 23/02/2024

» Energy policymakers are expected to gather for a forum in Bangkok in May to discuss challenges in energy development, especially the transition from fossil fuel-based power generation to renewable-derived electricity, according to the Energy Regulatory Commission (ERC).

GENERAL

Global Green Chemicals eyes income boost from new businesses

Business, Yuthana Praiwan, Published on 22/02/2024

» SET-listed Global Green Chemicals (GGC), the biochemical arm of PTT Global Chemical, expects to rake in more revenue from two new businesses -- food supplements and drugs -- by taking advantage of its expertise in the biochemical industry.

GENERAL

PTTGC steps up recyling initiative

Business, Yuthana Praiwan, Published on 20/02/2024

» PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical producer by capacity, continues to expand its recycling business by focusing on opaque plastic containers, especially bottles, under its recently launched campaign to promote environmentally friendly lifestyles among young people.

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GENERAL

State energy firms keen on alternative fuels

Business, Yuthana Praiwan, Published on 20/02/2024

» More state-run energy firms are eager to try alternative fuels to support the campaign against climate change, with the Electricity Generating Authority of Thailand (Egat) becoming the latest agency, aiming to replace coal with wood pellets to fuel its power plant.

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GENERAL

New power plan nears completion

Business, Yuthana Praiwan, Published on 17/02/2024

» The new power development plan (PDP), which will focus more on renewable energy, is expected to be finalised after many delays by the second quarter, according to the Energy Ministry.

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GENERAL

PTTGC looks to recycling and bio-based products

Business, Yuthana Praiwan, Published on 17/02/2024

» PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical producer by capacity, is joining state efforts to build a sustainable future for the country by focusing on bio-based products and recycling businesses.