Briefs

Energy Earth (Earth) will stage a roadshow in four European countries this month to forge investors’ confidence.
Khajohnpong Khamdee, Earth’s managing director, said the coal-mining company would hold a roadshow each in Paris, Geneva, Zurich and Lugano in Switzerland, plus Munich from April 6-13. Then from April 21-27, it will take the roadshow to Frankfurt, Hamburg and Berlin, before moving on to London. It was part of the company’s plan to hold roadshows in Europe every quarter, he said, adding that the company would get a chance to meet about 300 institutional and private investors.
He added that the company would highlight the growth trend of its business and strategy, as well as the plan to increase the number of mines to five as part of its “5 Year, 5 Mines in 5 Countries” mission.
The company currently has three mines with a combined reserve of 45 million tonnes or Bt45 billion. It aims to have a combined reserve of 200 million tonnes in the next five years, which will enable it to serve customer demand for a decade.
He said the coal business was growing due to demand from local and international customers. The company has already started distributing coal from its mine in Indonesia since early this year, while its mine in Myanmar will start exporting late this year, hence the company is confident of achieving a sales target of 8 million tonnes this year.
Earth is listed in both the Frankfurt Stock Exchange and Thailand's Market for Alternative Investments.

BWG to enter alternative energy
Battery World Green (BWG), a waste-treatment and management company, is planning to expand into the alternative energy business to boost sustainable revenue growth.
Suwat Luengviriya, the company’s president, said BWG was ready to expand its business base by taking advantage of the refuse-derived-fuel (RDF) option by turning industrial waste into fuel and selling it back to manufacturers.
He added that the company would gain double benefits from RDF by first earning from treating the industrial waste and then getting revenue from selling RDF to manufacturers that want alternative energy. The price of RDF stands at between Bt1,000 and Bt1,500 per tonne, which is cheaper than coal but yields the same heat. He said many manufacturers were interested in buying RDF from BWG.
BWG’s RDF processing plant will undergo two phases. This first phase will have a production capacity of 250 tonnes per day and is expected to begin production in May, while the second phase will begin later this year. The two phases put together will have a combined capacity of 1,000 tonnes per day. The company has also revised up its revenue growth this year to 30 per cent from the previously forecast 20 cent based on last year’s revenue of Bt1.06 billion.