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BASF, partner laud project
BASF and Guangzhou Joraform Environmental Co announced that compost produced from their joint composting project has come full circle and will be used to improve soil quality at an Institute of Agricultural Sciences farm in China’s Guangzhou province. The compost produced has been tested and proved to be of high quality.
The compost was produced from the collection of leftover food and fully biodegradable plates and cups in certified compostable bags made with BASF’s Ecovio product at the international plastics exhibition and conference Chinaplas, which took place from May 20-23 in Guangzhou.
ANZ appointment
Australia and New Zealand Banking Group has announced the immediate appointment of Glenn Maguire as chief economist, Asia-Pacific, where he will be responsible for economic research in South and Southeast Asia and the Pacific.
Maguire has been acting in the role since May and has extensive Asian economics and banking experience, having spent 16 years at Societe Generale in roles including the head of Asian economic research based in Hong Kong.
BAM listing advisers named
The board of the Financial Institutions Development Fund has approved the appointment of Trinity Securities Co, Kasikorn Securities and UBS as the financial advisers for Bangkok Commercial Asset Management Co (BAM)’s application to list on the Stock Exchange of Thailand.
Currently, FIDF holds 100 per cent, or 547 million shares, in BAM at a par value of Bt25.
72 win energy award
The Alternative Energy Development and Efficiency Department will bestow Thailand Energy Awards for 2013 on 72 businesses and individuals whose energy initiatives reduced energy-consumption costs by a total of Bt1.2 billion and reduced carbon emissions by 106 tonnes per annum.
The awards cover five categories: alternative energy, energy efficiency, human resources, creative energy, and supporters. In its 14th year, the contest drew 263 entries.
