the lower natural gas price. However, gross profit of IRPC Clean Power plants (IRPC-CP) slightly decreased by Baht 8 million, however, gross profit of GLOW's SPP plants increased by Baht 15 million due

Recovery Unit โดยการเข้าซ้ือหน่วยผลิตไฟฟ้า (Energy Recovery Unit:“ERU”) ซ่ึงเป็นส่วนหน่ึงของโครงการพลงังานสะอาด (Clean Fuel Project : “CFP”) ของบริษทั ไทยออยล ์จ ากดั (มหาชน) (“ไทยออยล์”) เพ่ือรับโอนกรรม

continuing determination in operating our business sustainably which is in line with our aim to raise sustainable and clean energy contribution to our portfolio. GPSC - Q2/2020 Management Discussion and

strong across-the-board growth. The business sector remained challenged by new modes of competition amid the advancing digital age and the rapid pace of technological advancement, together with the

and can reduce the financial cost. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This

usage as a way to support palm oil farmers. However, gross profit was still affected by Thailand’s heightened aggregate production capacity, which result in price competition of B100 product, combined

the region’s domestic refineries are still closed for turnaround maintenance as to prepare for the production of clean fuel in 2020. Gasoline and Dubai crack spread (UNL95/DB) in 2019 averaged at 9.07

increase of total sales volume, especially from thruput volume through service stations, which has the second largest market share and is constantly on the rise. However, intensifying market competition has

. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This will help to reduce the purchase of

its formula for excellent cleaning of fuel injectors, allowing for complete combustion within the engine that allows for smooth performance with maximum clean power. 7 Management Discussion and Analysis