Global Green Chemicals Public Company Limited reported second-quarter 2026 results, swinging to a net profit of 351 million baht, with total sales revenue of 5.566 billion baht, up 4 percent from the same period last year. This brought first-half 2026 net profit to 448 million baht. Managing Director Kritsada Prasertsukho revealed that a key factor was the government policy adjusting the biodiesel blend ratio from B5 to B7 effective 14 March 2026, which drove domestic demand for methyl ester or B100 up by 28 percent. The methyl ester business segment saw higher sales revenue in line with the increased demand, while the fatty alcohol business segment enhanced production efficiency through catalyst changes to boost capacity and reduce maintenance downtime. At the end of the quarter, the company had total assets of 11.086 billion baht and cash, cash equivalents, and short-term investments totaling over 2.332 billion baht, reflecting strong liquidity.
Global Green Chemicals Public Company LimitedGovernment B7 policy boosted B100 demand by 28%, driving Q2 profit swing.
Increased B100 demand from B7 policy raises demand for crude palm oil, a key feedstock.
