Commerce Min’s Intellectual Property Dept, in partnership with CPALL, yesterday kicked off a scheme to sell geographical indication (GI) products online.
Comment: Shall we just call this the CP Government?
CK to sign Rama 3 (4th contract) worth Bt6.6b on Dec 3, while winners of 1st and 3rd contracts to be known by December.
IRPC sees 4Q turnaround from higher production of low sulfur fuels to feed demand for IMO requirement, lower feed stock costs and improved conversion & yield lower from running additional catalyst coolers, less damage from inventory losses aft Bt1.3b hit in 3Q.
Comment: From what I’ve read, one may expect to see the refinery margins improve during the latter half of 1H20 from the IMO changes
TKN sees strong 4Q on rising sales after securing new sole Chinese distributor in Orion Corp, boosting sales in China to 40% from 34-35%, on track to meet 5-7% growth.
Comment: But we don’t see any changes in the #’s as of writing.