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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

CKP profits increase by 11.8% to B2.4bn

Business, Yuthana Praiwan, Published on 22/02/2023

» CK Power Plc (CKP), the power generation arm of Ch Karnchang Plc, Thailand's second-largest construction firm, saw its profit increase by 11.8% to a record high of 2.4 billion baht last year, despite a surge in energy prices.

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BUSINESS

OR allots B31.2bn for capex this year

Business, Yuthana Praiwan, Published on 22/02/2023

» PTT Oil and Retail Business Plc (OR) plans to allocate capital spending worth 31.2 billion baht to fuel businesses in Thailand and overseas, with the largest portion of money going to non-oil businesses.

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BUSINESS

BGRIM acquires Italian developer of renewables

Business, Yuthana Praiwan, Published on 23/02/2023

» B.Grimm Power Plc (BGRIM), an energy developer with the largest capacity in the small power producer segment, has bought the Italian renewable energy developer and operator RES Company Sicilia.

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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

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

BGRIM signs Malaysian energy deal

Business, Yuthana Praiwan, Published on 11/02/2023

» B.Grimm Power Plc (BGRIM) plans to supply electricity from renewable sources to TNB Power Generation Malaysia in an effort to support energy security in Asia and assist the Asean Power Grid project.

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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.