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submitted by babulin675 5 months, 5 days ago

bangkokpost.com — Procter & Gamble (Thailand), one of the country's largest consumer product manufacturers, will invest 450 million baht in its 2008 financial year, with some of the funds used to transform its manufacturing plant to run on natural gas instead of oil. The move will help increase its competitiveness and combat high operating costs as a result of rising oil and raw-material prices, the strong baht and inflation, said managing director Parinda Hasdarngkul. She said that P&G would pay 12 million baht for a gas pipeline to its 18-billion-baht plant at Wellgrow Industrial Estate in Chachoengsao, which is also a regional hub for skin-care and hair-care products. After the change of fuel, P&G will save more than 10 million baht a year from two million litres of oil it would otherwise use.

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