Global Power Synergy Plc (GPSC), the power generation arm of PTT Group, has launched polymer-made floating structures, named "G Float", for floating solar farms in a move to develop innovation-led solar energy business.
PTT invests in its power arm bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
1 Among PTTGC s many new outlays are its olefins reconfiguration project and downstream projects, expected to be operational soon.
PTT Global Chemical Plc (PTTGC), Thailand s largest petrochemical producer, is considering yet another asset acquisition after it acquired Vinythai Plc, a polyvinyl chloride (PVC) maker, through a delisting tender offer two weeks ago.
PTTGC chief executive and president Kongkrapan Intarajang said the company is in negotiations with downstream petrochemical manufacturers that specialise in high value-added (HVA) products such as high-performance polymers, composites, and floating and adhesive materials.
These HVA downstream petrochemicals move PTTGC away from commodity-grade polymers, whose global market is highly competitive and exposed to fluctuation, he said.
NBC poised to kick off first phase
published : 2 Mar 2021 at 04:00
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Nakhon Sawan Bio Complex (NBC), Thailand s first biochemical complex, will start its first-phase operation within the first quarter as Global Green Chemicals Plc (GGC), a biochemical arm of PTT Global Chemical Plc, is scheduled to open its factories soon.
GGC, which started construction of 7.5-billion-baht facilities in October 2019, will operate the factories through its subsidiary, GGC KTIS Bio Industrial Co (GKBI), a joint venture with Kaset Thai International Sugar Corporation Plc (KTIS).
This project will be a major economic driver, putting Thailand on the fast track of bio-economic development, according to GGC vice-president Wanlapa Sophiskhaunkhant.
Investors start to see light at end of Covid tunnel
published : 6 Feb 2021 at 04:00
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Recap: Global shares continued their march towards record highs yesterday as progress in vaccine rollouts and the prospect of a large US stimulus are expected to lead a faster global economic recovery.
The SET index moved in a range of 1,456.45 and 1,500.17 points this week before closing yesterday at 1,496.61, up 2.02% from the previous week, in daily turnover averaging 78.31 billion baht.
Institutional investors were net buyers of 4.49 billion baht. Retail investors bought 3.98 billion and brokers purchased 525.14 million baht. Foreign investors were net sellers of 8.99 billion baht worth of shares.