PTG Energy Plc, Thailand’s second-largest fuel trader by sales volume, is set to splurge 7.5-10 billion baht to expand its non-oil business over five years from 2022-26.
Rangsun Puangprang, the company’s executive vice-president, said the spending will be used to expand non-oil segments such as food and beverage, retail, the digital platform, logistics, auto care and health and wellness.
He said the growth will be pursued via three strategies: expanding stores or touchpoints; partnerships, joint ventures and co-creation; and investment in startups.
By 2026, PTG wants to have 3,015…
