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BUSINESS

TGE bags contracts for 3 plants

Business, Yuthana Praiwan, Published on 18/05/2023

» Thachang Green Energy (TGE), a SET-listed biomass power plant developer and operator, has been awarded contracts to develop three municipal solid waste-fired power plants as the firm aims to reach a revenue target of more than 3 billion baht in 2026.

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BUSINESS

Tasco forecasts 8.3% gain in asphalt sales

Business, Yuthana Praiwan, Published on 19/05/2023

» Tipco Asphalt Plc (Tasco), Thailand's largest asphalt producer, expects its sales to grow by 8.3% this year to 1.3 million tonnes despite a global economic slowdown and possible delay in state spending related to the lengthy process required to set up a new government.

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BUSINESS

Ratch targets major rise in power production capacity

Business, Yuthana Praiwan, Published on 16/05/2023

» SET-listed Ratch Group Plc, Thailand's second-largest private power producer by capacity, expects to increase its power production capacity to 12,460 megawatts by 2030, from 9,801MW at present.

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BUSINESS

IRPC to further commercialise new liquid fertiliser

Business, Yuthana Praiwan, Published on 16/05/2023

» SET-listed IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, is diversifying into agribusiness through the development of a new nutrient fertiliser to increase crop yields and prevent ailing plants from perishing.

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BUSINESS

ABM eyes 20% revenue growth in 2023

Business, Yuthana Praiwan, Published on 13/05/2023

» Asia Biomass Plc (ABM), Thailand's largest biomass fuel producer and trader by volume, expects revenue to grow by 20% this year to more than 3.6 billion baht thanks to its business expansion amid growing concerns over global warming.

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BUSINESS

Cheaper power used to woo voters

Business, Yuthana Praiwan, Published on 08/05/2023

» Costly electricity bills are prompting political parties to pit their energy policies against their rivals in an effort to catch the attention of voters in next week's general election.

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BUSINESS

Power use surges to record high

Business, Yuthana Praiwan, Published on 09/05/2023

» The boiling hot weather in Thailand is causing an upsurge in electricity consumption, leading to a record high of 34,826.5 megawatts on May 6, says the Energy Regulatory Commission (ERC).

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BUSINESS

Dexon to expand overseas using proceeds from IPO

Business, Yuthana Praiwan, Published on 09/05/2023

» Dexon Technology, a Thai company that provides pipeline inspection services, has decided to expand its business into the US and the Netherlands by using proceeds from its recent fundraising scheme.

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BUSINESS

Diesel price set to fall this month

Business, Yuthana Praiwan, Published on 10/05/2023

» The domestic diesel price should decrease by 0.5 baht a litre to around 32 baht on May 15 in response to falling global oil prices, says the Oil Fuel Fund Office (Offo).

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BUSINESS

PTTGC invests in British startup Interface Polymers

Business, Yuthana Praiwan, Published on 10/05/2023

» PTT Global Chemical Plc (PTTGC), the petrochemical arm of national oil and gas conglomerate PTT Plc, has announced an investment in UK-based startup Interface Polymers, a developer of chemical additives to improve the recyclability and performance of key polymers.