Oil giant PTT invests in plant protein to power growth
State-controlled PTT Plc, the country’s largest company by market value, has invested in a venture to make plant-based protein, including so-called faux meat, as part of its objective to become less dependent on fossil-fuel businesses.
The oil-and-gas giant formed a 300 million baht partnership with NR Instant Produce Plc, which specialises in making protein from jackfruit, with commercial operations scheduled to start by the end of 2022.
