BBGI will invest $46.6 million in boosting Thai ethanol and biodiesel production

In Thailand, BBGI will invest $46.6 million to boost daily ethanol production capacity to 800,000 liters from the current 500,000 liters, with an eye on future expansion to 1 million liters per day, while boosting biodiesel production to 1 million liters per day from the current 930,000 liters. The company’s CEO said the expansion plans will come through partnership rather than investment in machinery, but didn’t elaborate, indicating that policy shifts that will increase demand as well as deregulate feedstocks allowing the use of molasses were key.