Eight of GE’s gas turbines will be generating 300MW for PTT Utility’s power generation plants in Rayong, Thailand. PTT Utility Company Limited, which generates electrical power and steam for Thailand’s industrial sector, has signed a long-term service agreement with GE valued at more than $40 million. The 13-year contractual service agreement includes power output efficiency, […]
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Villagers in Samut Sakhon coastal province have threatened to hold a mass demonstration if the Pheu Thai-led government goes ahead with a controversial land reclamation proposal in the Gulf of Thailand. The 300,000-rai land reclamation project would create a new city from mangroves and land mass from the sea around three provinces: Bangkok, Samut Prakan […]
Continue ReadingA feasibility study on the construction of a 257km railway linking Cambodia and Viet Nam shows it will cost at least US$686 million. The railway will be part of an intra-Asian railway that runs from Singapore to China via Malaysia, Myanmar, Thailand, Laos, Cambodia and Viet Nam. Under a scheme announced in 2008 to develop […]
Continue ReadingHyundai Heavy Industries, a shipbuilder and an offshore EPIC contractor, has announced the sailing-out of the Bongkot offshore platform for PTT Exploration and Production Public Company Limited of Thailand. Hyundai Heavy won the order to build the USD 1 billion offshore platform in September 2008. The 30,000 ton platform can produce 385 million cubic feet […]
Continue ReadingPTT Group and Mitsubishi Chemical Corp join hands in establishing the first sugar-based bio-plastic manufacturing plant in Thailand, in their bid to become a green plastic producer and turn Thailand into the “bio-hub” of Asia. PTT MCC Biochem Co Ltd is established as a 50:50 joint venture, to produce bio-succinic acid (BSA) and polybutylene succinate […]
Continue ReadingDeal Establishes Framework for Southeast Asian Expansion Sopogy, Inc., the world’s leading developer of micro concentrated solar power (MicroCSP) technologies, and MAI Development Co. Ltd., an established Thai conglomerate focusing on manufacturing, construction, real estate, energy and government services, signed a Memorandum of Understanding (MOU) for the development of an six-megawatt solar power plant in […]
Continue ReadingThe State Railway of Thailand received a warm welcome for its railway extension project in the North when it conducted its first public hearing yesterday in Phrae. The state enterprise introduced its Den Chai-Chiang Rai railway extension project to people in Phrae province. At present, the last stop on the northern route is at Chiang […]
Continue ReadingThe SET-listed contractor Toyo-Thai Corporation (TTCL) has won a 6-billion-baht contract to build the second phase of Lynas Corporation’s rare earth refinery in Malaysia. TTCL will provide engineering, procurement, construction and commissioning assistance in the expansion of the Lynas advanced materials plant in Pahang state’s Gebeng industrial estate. The plant’s first phase is due to […]
Continue ReadingUS$1m-per-MW price includes existing debt Glow Energy Plc, the SET-listed private power producer, will proceed with plans to acquire the Thai unit of England-based Independent Power Corporation (IP) for 7.7 billion baht after Glow shareholders endorsed the acquisition last Friday. Natthapatt Tanboon-ek, Glow’s vice-president for finance and investor relations, said the acquisition of a 100% […]
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Thai wine is gathering growing praise from world-renowned wine experts. Many tourists – including some who sign on as grape pickers – now include vineyards on their list of things to see in Thailand. By Alexander Wischnewski DIE WELT/Worldcrunch “Pungwan! Ya ded a gnun!“ That’s Thai for: “Pungwan! Leave the grapes alone!,“ and it’s what […]
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