B.Grimm Gains 2% following Partnership with SCGC to Provide CHILLOX Cold Storage Solution

On Thursday, the share price of B.Grimm Power Public Company Limited (SET: BGRIM) at the time of 11:18 a.m. was at THB 11.00, a THB 0.20 or 1.85% increase with a total trading value of THB 49.12 million.

B.Grimm, and Texplore Company Limited, under SCG Chemicals (SCGC), signed a Memorandum of Understanding (MOU) to jointly conduct a feasibility study on developing new business models with the aim of further enhancing and expanding the market for CHILLOX, an energy-efficient solution for cold storage warehouses.

The goal is to reduce electricity consumption and improve cooling system efficiency. Additionally, the companies will explore opportunities to apply CHILLOX solutions in other industries that require consistent temperature control and optimal energy utilization.

This joint agreement leverages Texplore’s expertise in technology and solutions combined with B.Grimm’s strength in energy management to design and develop new solutions that address the needs of industrial customers, aligning with the “Green Leap Strategy: Global & Green” under B.Grimm’s Industrial Solution Business framework.

Nopadej Karnasuta, Co-President – Thailand Business and Energy & Industrial Solutions Business at B.Grimm, said that the company has maintained a longstanding partnership with Texplore, achieving success in numerous past projects, including floating solar energy systems installed both inside and outside industrial estates.

This agreement further strengthens the collaboration between the two organizations. He expressed confidence that Texplore’s technological capabilities and its CHILLOX solutions, combined with B.Grimm’s expertise in energy management, will accelerate the introduction of new solutions to the market.