New PTT CEO to review expansion strategies

Quick Summary:

The new president and CEO of PTT Plc, Kongkrapan Intarajang, says he plans to review the business expansion strategy of the national oil and gas conglomerate to ensure it can take advantage of rapid changes in the global market.

The petrochemical sector, Mr Kongkrapan noted, was already on a down cycle during the post-Covid period but the outlook has worsened because of additional oversupply from China.

For instance, EV-related activities can include a battery making facility, EV assembly factory, sales agents and charger facilities, some of which are poised for rapid growth.

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Article Details

Category: EconomyBusiness

Markets: ThailandChina

Topics: National Core Market Business Businesses Review Global Sectors Last Kongkrapan Rapid

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-14 @ 18:17:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21254944

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Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 17 posts per day

Year Established: 1946

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News Last Updated: 5 hours ago

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Publisher ID: #66

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