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Fitch ratings reveal Thailand s economic recovery to boost corporate earnings in 2023
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Firms to rally amid economic revival
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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.