Premthai Energy Ltd
What the company does
One of Thailand’s top three coal suppliers. It screens, grades and distributes high-quality low-sulphur coal, most of which is sourced from Indonesia, for industrial clients across the kingdom.
Why GP Group invested
Fluctuating high oil prices affected the Thai industrial sector dependent on bunker oil as fuel. It provided a good opportunity to use coal as substitute fuel with minimal investment in conversion.
“It is a natural expansion of downstream business built on the group’s coal sourcing and logistics strength.”