Complex benefits OR's non-oil revenue - News Summed Up

Complex benefits OR's non-oil revenue


Complex benefits OR's non-oil revenueA newly renovated Cafe Amazon outlet on Phahon Yothin Road in Ayutthaya, where OR's food production and goods distribution complex is located. PTT Oil and Retail Business Plc (OR), Thailand's largest oil trader by volume, aims to increase its non-oil business revenue through a 6-billon-baht food production and goods distribution complex in Ayutthaya. The coffee roasting plant has a capacity of 4,500 tonnes a year, while the non-coffee unit focuses on tea, juice and dairy products. Construction of the complex required part of OR's investment in non-oil and overseas businesses, which comprises 65% of the company's 74.6-billion-baht capital expenditure allocated for 2021 to 2025. Building new Amazon coffee shops led to the company's plan to expand capacity for its coffee roasting facility, increasing it to 10,000 tonnes a year with a budget of 850 million baht.


Source: Bangkok Post December 13, 2021 02:21 UTC



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