Glow Energy Signs Long Term Supply Agreements with PTT Chem

Glow Energy is pleased to announce the signature of long-term agreements with PTT Chemical Public Company Limited for the renewal of the existing power and steam supply agreements until 2025. Glow Energy Public Company Limited (GLOW) and PTT Chemical Public Company Limited (PTTCH) have signed an amendment to extend their Power Supply Agreement and Steam Supply Agreement until 2025. In addition, the capacity contracted will be increased from 22 MW to 24 MW of electricity and from 65 T/h to 70 T/h of steam. GLOW has been one of the producers and suppliers of utilities to PTT Chemical’s plant in Map Ta Phut Industrial Estate since the startup of PTTCH Ethylene Cracker Complex in 1994. Mr. Esa Heiskanen, Chief Executive Officer of GLOW Group, said that GLOW is very honored that PTTCH has chosen to put its trust in GLOW to continue to be one of its utilities suppliers. We believe that it is because of our outstanding track record of commitment to provide high reliability of supply, our customer oriented business philosophy and our 24/7 customer services, that GLOW continues to be entrusted by its major customers which is evidenced by their interest in renewing their long-term contracts, such as PTTCH renewal of its contracts and other recent renewals by industrial customers of their long-term contracts. For further details please contact Natthapatt Tanboon-ek Glow Energy Plc. Tel. 02-670-1500-1 Email : [email protected] Click for photo release at www.thaipr.net

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