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BUSINESS

GGC anticipating 20% increase in annual sales

Business, Yuthana Praiwan, Published on 20/06/2023

» SET-listed Global Green Chemicals Plc (GGC), the biochemical arm of PTT Global Chemical (PTTGC), expects sales to increase by 20% this year, driven by palm-oil based products, although revenue will remain unchanged due to a drop in prices.

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BUSINESS

Prime Road Power looks to Indonesia

Business, Yuthana Praiwan, Published on 21/06/2023

» SET-listed Prime Road Power, an operator of solar farms and provider of solar panel installation services, is planning to embark on a renewable energy business in Indonesia next year to benefit from Jakarta's efforts to speed up its clean energy development.

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BUSINESS

Chevron eyes greater Thai gas production

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

» Chevron Thailand Exploration and Production wants to increase domestic gas supply to allow the government be less dependent on costly liquefied natural gas (LNG) imports, with the company ramping up petroleum production in the Gulf of Thailand.

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BUSINESS

BAFS to construct new B1.2bn oil pipeline

Business, Yuthana Praiwan, Published on 14/06/2023

» Bangkok Aviation Fuel Services Plc (BAFS) plans to build a new oil pipeline to link networks together, in order to boost its trade in the northern region.

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BUSINESS

Demco keen on new acquisitions

Business, Yuthana Praiwan, Published on 16/06/2023

» SET-listed Demco, a contractor and engineering service provider, plans to diversify into digital technology businesses and continue to grow its renewable energy portfolio, although it admits missing an opportunity to join the state renewable development scheme.

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BUSINESS

TPIPP to phase out coal-fired power generation by 2026

Business, Yuthana Praiwan, Published on 07/06/2023

» TPI Polene Power Plc (TPIPP), Thailand's largest waste-to-energy project developer and operator by capacity, will continue to allocate its five-year capital spending of 14 billion baht to replace its coal usage with renewable energy and boost its power generation capacity.

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BUSINESS

Authorities to drive ahead with oil plan

Business, Yuthana Praiwan, Published on 08/06/2023

» Energy authorities are continuing their push for the National Oil Plan, aiming to generate 170 billion baht for the Thai economy through a range of projects, including further development of cleaner energy, says the Department of Energy Business.

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BUSINESS

UAC eyes B200m RDF plant in Indonesia

Business, Yuthana Praiwan, Published on 02/06/2023

» UAC Global Plc (UAC), a chemical trader and renewable energy operator, is preparing to allocate 200 million baht to build a refuse-derived fuel (RDF) factory in Indonesia to supply local companies under the circular economy concept.

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BUSINESS

TPCH starts operations at biomass plant

Business, Yuthana Praiwan, Published on 03/06/2023

» TPC Power Holding (TPCH), the renewable power generation arm of construction firm Thai Polycons Plc, has begun commercial operation of its Pracharat Biomass Mae Lan power plant, part of its move to increase power generation capacity and sell carbon credits.

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BUSINESS

BAFS sees revenue rising to B7.5bn within 3 years

Business, Yuthana Praiwan, Published on 05/06/2023

» Bangkok Aviation Fuel Services Plc (BAFS) expects its revenue to reach 7.5 billion baht by 2026, driven by its diversification into new businesses, notably renewable energy development.