PTG veers away from oil to promising ventures
Firm to bump up non-oil contribution to 60%
PTG Energy Plc (PTG), Thailand’s second largest fuel trader by sales volume, is steering away from its oil business activities towards more promising businesses, including selling food and drinks mixed with cannabis ingredients, under 30 billion baht in capital spending over the next five years.
Besides the use of cannabis and hemp in the F&B segment, the company will also focus more on liquefied petroleum gas (LPG) sales, oleochemical manufacturing, electric…
