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BUSINESS

IRPC hopes margin will rise this year

Business, Yuthana Praiwan, Published on 28/02/2023

» IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects to see gross integrated margin (GIM) in its oil refinery and petrochemical businesses grow to US$13-14 per barrel on average this year as the petrochemical industry downturn has passed.

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BUSINESS

GGC allots B2.5bn to oleochemicals

Business, Yuthana Praiwan, Published on 24/02/2023

» Global Green Chemicals Plc (GGC), the biochemical arm of PTT Global Chemical (PTTGC), has allocated capital spending worth 2.5 billion baht to develop new oleochemical-based products to rake in more revenue.

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BUSINESS

Climate change bonanza

Business, Yuthana Praiwan, Published on 27/02/2023

» Global campaigns to cut carbon dioxide emissions not only alert businesses to new non-tariff barriers imposed as part of efforts to fight global warming, they can also lead to new opportunities in the clean energy sector.

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BUSINESS

Gulf profits increase 37% to B12.1bn in 2022

Business, Yuthana Praiwan, Published on 18/02/2023

» Gulf Energy Development Plc posted revenue growth of 92% to 101 billion baht last year, driven by earnings from its power generation facilities, divestment and InTouch Holdings Plc, the parent firm of telecom operator Advanced Info Service (AIS).

BUSINESS

PTTGC to ramp up petrochemical production by 15%

Business, Yuthana Praiwan, Published on 21/02/2023

» PTT Global Chemical Plc (PTTGC), a petrochemical arm of national oil and gas conglomerate PTT Plc, plans to increase the production of petrochemical products by 15% this year to serve growing demand following the pandemic.

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BUSINESS

Officials mull new power tariff rate

Business, Yuthana Praiwan, Published on 14/02/2023

» Energy officials may keep the power tariff, which determines electricity bills, unchanged or trim the rate at its next adjustment as gas prices have become less aggressive.

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BUSINESS

Diesel price set to fall by 0.5 baht per litre

Business, Yuthana Praiwan, Published on 16/02/2023

» The domestic price of diesel is slated to fall by 0.5 baht a litre next Wednesday, down from 34.44 baht a litre, as global crude oil prices keep decreasing, says the Oil Fuel Fund Office (Offo).

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BUSINESS

PTTEP, Malaysian partners establish JV

Business, Yuthana Praiwan, Published on 17/02/2023

» PTT Exploration and Production Plc (PTTEP) continues to increase its oil and gas production through the exploration of a new source of petroleum in Malaysia in cooperation with two Malaysian firms.

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BUSINESS

BGRIM, Innopower team up for project

Business, Yuthana Praiwan, Published on 17/02/2023

» SET-listed B.Grimm Power (BGRIM), an energy developer with the largest capacity in the small power producer segment, has forged a venture with energy innovation firm Innopower Co to promote clean energy projects, including electric vehicle (EV) infrastructure development.

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BUSINESS

Nestle to buy clean energy from Egat

Business, Yuthana Praiwan, Published on 09/02/2023

» Nestle (Thai), a consumer goods manufacturer and marketer, plans to focus more on clean energy for its operations, working with the state-run Electricity Generating Authority of Thailand (Egat) as its trade and energy partner.