Showing 1 - 10 of 24
Bangchak banking on green jet fuel sales
Business, Yuthana Praiwan, Published on 05/03/2025
» Energy conglomerate Bangchak Corporation Plc is preparing to sell sustainable aviation fuel (SAF), accounting for 60% of its production capacity, from its factory in Bangkok, which is scheduled to open in the second quarter.
Bangchak bags 65% stake in Thai Kali
Business, Yuthana Praiwan, Published on 17/12/2024
» SET-listed energy conglomerate Bangchak Corporation has diversified into mining by investing in Thai Kali Co, the operator of a potash mine in the northeastern province of Nakhon Ratchasima.
Italian-Thai Development approves $400m capital raise for subsidiary
Business, Nareerat Wiriyapong, Published on 08/10/2024
» The board of listed contractor Italian-Thai Development (ITD) has approved the US$400-million capital increase plan of its subsidiary AAPC Holding (AAPCH), paving the way for China's SDIC Mining Investment Co to acquire 49% of the potash business for more than 8.4 billion baht.
Italian-Thai Development upbeat on funds to wrap up projects
Business, Nareerat Wiriyapong, Published on 10/04/2024
» Cash-strapped Italian-Thai Development (ITD) is confident it will be granted additional financial support from banks to complete more than 100 ongoing construction projects, in addition to bidding for more projects from the now-active fiscal 2024 budget.
Contractor ITD weighs sale of potash business
Bloomberg News, Published on 22/02/2024
» Italian-Thai Development Plc (ITD) is considering selling its 90% stake in Asia Pacific Potash Corp, which has mining rights in northeastern Thailand, and is seeking about $500 million, according to people familiar with the matter.
Red Sea disruptions and the geopolitical premium
Business, Published on 07/02/2024
» Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including oil and gas, chemicals and fertilisers, unless there are wider shipping -- or production -- disruptions in the region, according to Fitch Ratings.
Effort to lure Saudi investment in potash
Business, Published on 22/01/2024
» The Industry Ministry is encouraging Saudi Arabian entrepreneurs to invest in potash mining in Thailand as the country has a rich supply of the mineral, which is a key raw material for making potassium fertiliser.
ITD shares plunge amid delays in debentures payment
Nareerat Wiriyapong, Published on 09/01/2024
» Shares of Italian-Thai Development (ITD) plunged by more than 12% on Monday as the contractor said it is planning to postpone for two years the payment of its five tranches of debentures worth a combined 14.5 billion baht.
Asian shares fall as Fed talks tough on rates
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 11/11/2023
» RECAP: Shares in Asia fell yesterday after the head of the US Federal Reserve warned interest rates may have to climb further, stunting a rally in stocks and bonds and sending investors back to the dollar.
Srettha targets 5% GDP growth
Aekarach Sattaburuth, Published on 09/09/2023
» The government is targeting annual GDP growth of at least 5% as it plans to roll out measures to ease people's plight, including a moratorium on farmers' debt and lower fuel and electricity prices, according to Prime Minister Srettha Thavisin.