Indorama Ventures Plc is expected to show strong sales volume next year, with contributions from its 5 acquisitions made in the first quarter of this year which add up capacity by 1.7 million tonnes, said DBS Research. Contributing to strong sales also includes the full production at Alpha PET plant with 432,000 tonnes of PET [...]
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PTT expects investment boost from price float
The energy price restructuring approved by the National Energy Policy Council last week, which will see prices gradually floated, will benefit PTT and encourage the company to extend gas pipelines and boost the number of NGV stations to ensure sufficient supply for customers. A source at the Energy Ministry said PTT was expected to post [...]
Gold price plunges on Europe fears
The domestic gold price fell by as much as 1,300 baht yesterday to 24,000 baht per one-baht weight (15.16 grammes) on volatile trade with over 10 adjustments, as traders noted the price is likely to fall further on European debt crisis concerns. The local price moved in line with the global market as gold nosedived [...]
PTT chief on value quest
Pailin Chuchottaworn, the new president and chief executive of PTT Plc, has vowed to steer the national oil flagship further toward advanced technology, high-value and green products. “We will no longer stress commodity-grade production. Technology will be put into every product we sell.This will make higher selling prices and greater profit possible,” said Mr Pailin, [...]
Palm oil industry wants price standards
Palm oil refiners have urged the government to set price standards to secure the industry and avoid future shortage. Asanee Mallamphut, president of the Palm Oil Refinery Association, said domestic prices should be in line with global ones, similar to the way gasoline sales operate, by considering costs at every step of production from the [...]
Indorama takes recycling business in Europe
Indorama Ventures (IVL) has signed an agreement to acquire Wellman International’s recycling business in Europe from Aurelius AG, to pursue customers’ sustainability needs and meet the demands of consumers for more recycling of post-consumer products. Indorama’s board approved a management proposal to acquire from Aurelius AG the businesses of Wellman International and its related company [...]
Siam Cement tops DJSI index
Siam Cement Group has topped Dow Jones Sustainability Index (DJSI) building material and fixture sector for the first time, convincing SCG’s management that it is on the right business course. “Our dedication to the sustainable-development [SD] principle reached another milestone when SCG achieved the gold-class level of the DJSI for four consecutive years,” said company [...]
Banpu buys remaining shares in Mongolian miner
At the price of A$1.8 per share, it offers a 30 per cent premium over the closing price as of Sept 8 at A$1.385 and 50 per cent premium over the 1-month average. In a statement to the Stock Exchange of Thailand, the Board of Directors of Hunnu, which is listed on Australia’s stock exchange, [...]
Indorama moves towards its ‘top 20′ goal
More mergers and acquisitions (M&A) as well as higher revenue from value-added products will be the main strategies for Indorama Ventures to inch closer to another business goal – to become one of the top 20 chemical companies in the world. IVL is now the world’s largest integrated polyester company but in terms of revenue, [...]
Gold rush picks up as stocks sold
Local price tops B25,000 for first time. As stock markets continued their sharp decline, world gold prices soared to a record $1,779 an ounce yesterday and local prices broke the 25,000-baht barrier for the first time as investors sought safer places to park their cash.
Featured Posts
Featured Posts on Thaivest Thai Stocks, Trade & Investment Research.
Betagro aims for market leadership
Betagro Group has set itself an aggressive goal to become the pork-export leader through its five-year business plan to achieve ... ∞
Betagro Group has set itself an aggressive goal to become the pork-export leader through its five-year business plan to achieve ... ∞
Expansion ahead for Major Cineplex
Chairman Vicha Poolvaraluck said 26 of the screens would be developed at the Mega Bangna shopping complex in Bang Na ... ∞
Chairman Vicha Poolvaraluck said 26 of the screens would be developed at the Mega Bangna shopping complex in Bang Na ... ∞
Jay Mart dialling up growth in three markets
Jay Mart Plc was established on Dec 27, 1988 with registered capital of 2 million baht, initially selling electrical appliances ... ∞
Jay Mart Plc was established on Dec 27, 1988 with registered capital of 2 million baht, initially selling electrical appliances ... ∞
IVL supported by strong sales volumes
Indorama Ventures Plc is expected to show strong sales volume next year, with contributions from its 5 acquisitions made in ... ∞
Indorama Ventures Plc is expected to show strong sales volume next year, with contributions from its 5 acquisitions made in ... ∞
Saving remaining estates
The Kingdom's most powerful private-sector organisation has called for the government to protect the remaining industrial estates in the eastern ... ∞
The Kingdom's most powerful private-sector organisation has called for the government to protect the remaining industrial estates in the eastern ... ∞ - Pruksa takes great pride
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Stephen Gold: All this rise in gold prices seems to be fear driv...
