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Thailand’s biggest gas producer anticipates a boost in sales

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Thailand’s biggest gas producer, Bangkok Industrial Gas (BIG), claimed that there is a significant increase in sales as the business is getting back to normal. It is reported that currently the company is selling 4,200 tons of gas per day, which is even higher than pre-COVID times. BIG aims to produce 450,000 tons of gas per year, increasing its yearly sales to 5%-6%. The company plans to produce gas via regasification process-reusing the leftover water from liquefied natural gas. The method is not only environmental-friendly but it would help BIG reduce 28,000 tons of carbon emissions per year.

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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