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Buriram Sugar Company’s Growth Outlook: Surpassing Sales Targets and Expanding into Renewable Energy

Stock dimensions – BRR Looking beyond the goal, 2017 will be a golden year of growth. Sugar sales surpassed 2.5 million tonnes, along with launching an aggressive approach to carbon credits.

BRR or Buriram Sugar Public Company Limited by Mr. Anan Tangtrongwechakit Executive Chairman revealed that sugar prices are currently increasing. But with the impact of drought, the yield decreased. Expected to have sugar sales this year at 1.9 million tons, but confident that 2014 will be a golden year as sugarcane production increases. Sales are expected to be 2.5 million tonnes.

This year’s sugar sales target is set at 1.9 million tons.

In addition, the first phase of the Wood Pellets Investment Project in Lao PDR has received a concession on an area of ​​40,000 rai with a production capacity of 100,000 tons per year. Shares 25% expect to generate more than 500 million baht per year, starting to recognize revenue from this Q4/23.

Carbon credit pushes up budget

This business will be the main business group driving the company’s growth in the future. It is classified in the renewable energy business group because the factory has received FSC (Forest Stewardship Council) measures to help reduce greenhouse gas emissions. can generate income from the sale of carbon credits in the future Currently, the world market buys in the price range of $ 50-100 per 1 ton of carbon.

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2023-07-16 15:00:28

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