Bankgchak buys ethanol plant for $23.8 million

August 4, 2014 |

In Thailand, Bangchak Petroelum has agreed to purchase more shares in the ethanol plant in Chachoengsao for $23.8 million, reaching a total shareholding of 85%.The facility uses cassava as feedstock. The facility is just 120km from the company’s blending facility outside of Bangkok.

 

Category: Fuels

Thank you for visting the Digest.