BGC anticipates 2H turnaround from higher bottle/flexible/paper packaging sales on improved consumption/holiday season, allots Bt176m budget to up flexible packaging capacity to 50m sq.m p.a. to tap in food & pharma segment.

IVL to acquire Brazil’s Oxiteno from Ultrapar Participacoes S.A. for $1.3b, to be completed by 1Q 2022. Oxiteno is a leading integrated surfactants producer, catering to attractive end-use markets in Latin America. Announced Bt0.25 interim, XD Aug 27.

Comment: Even in this environment they are continuing on the cookie munster mode.

NRF raised next year revenue target to Bt4-5b from Bt3b, on higher e-commerce revenue, sets Bt2b capex to boost this year revenue growth by 50%, sees strong 3Q on higher sales and weak THB, to start selling CBD in 1Q22 and plant-based food plant to COD in 3Q22.

Comment: They had a $hit 2Q due to “delays”. If the #’s return in 3Q then watch it continue to mid-teen’s based upon the story of “alternative foods”

PTTGC estimated chemical trading subsidiary, GC Marketing Solutions (Shanghai), to expand EX/IM distribute polymer products in China.

RBF signs hemp seed oil sale/purchase agreement with OSP for health and beauty products, separately have 6-7 new clients expressing interests in CBD-THC.

Comment: Just like with DOD yesterday, things were delayed due to the latest wave, then things will pick up strongly over the next 6-12 months

SONIC upbeat 2H earnings from strong sea freight revenue, tailwind from container trucks leasing business to subcontractors, approved land acquisition in Sriracha next to existing hub, lifts total to 17 acres from 8.4 acres, will expand logistic business next year.

Comment: Them + III + JWD + LEO, have been raking it in and probably will continue to for the next 6-9 months.

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