On May 18, 2011, four affiliates of SCG Chemicals namely Rayong Olefins Co., Ltd., Thai Polyethylene Co., Ltd., Thai Polypropylene Co., Ltd. and Thai MMA Co., Ltd. signed agreements with Glow SPP3 Co., Ltd., a subsidiary of Glow Energy, to extend the existing power supply agreements for another 15 years with total contracted capacity of 48 MW. Currently, SCG Chemicals through its affiliated companies has total contracted capacity with Glow Group for 190 MW of electricity and 198 Ton per hour of steam.
Mr. Esa Heiskanen, Chief Executive Officer of Glow Group, said “We are very honored that SCG Chemicals has put its trust in Glow to continue to be its utilities supplier and part of its future growth”. Seen in the photo, Mr. Cholanat Yanaranop (4th from right), President of SCG Chemicals and Mr. Esa Heiskanen (3rd from right), Chief Executive Officer of Glow Group pose with the new contract together with SCG Chemicals and Glow Group’s management team.
About Glow Energy
Glow Group, with the ENGIE Group as its main shareholder (69.11%), is a major energy player in Thailand with a combined installed capacity of 3,207 MW (Glow’s stake is 2,891 MW) of electricity and 1,206 tons per hour of steam. Glow Group generates and supplies electricity to the Electricity Generating Authority of Thailand (EGAT) under Thailand's SPP (Small Power Producer) and IPP (Independent Power Producer) programs, as well as electricity, steam, industrial water and services to large industrial customers located in the Map Ta Phut area and nearby.
For more information about the Glow Group please visit www.glow.co.th. For more information about ENGIE please visit the company’s website at http://www.engie.com.
About ENGIE
ENGIE is committed to take on the major challenges of the energy revolution, towards a world more decarbonised, decentralised and digitised.
The Group aims at becoming the leader of this new energy world by focusing on three key activities for the future: low carbon generation in particular from natural gas and renewable energies, energy infrastructures and efficient solutions adapted to all its clients’ needs (individuals, businesses, territories, etc.). The customers’ satisfaction, innovation and digital are at the heart of ENGIE’s development.
ENGIE is active in around 70 countries, employs 150,000 people worldwide and achieved revenues of €66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).
For further details please contact:
Prapon Chinudomsub
Glow Energy Plc.
Tel. 02-670-1500-1
