Tag: Thailand

Thai Agro Industry looks to acquire two more ethanol plants

Thai Agro Industry looks to acquire two more ethanol plants

April 22, 2015 |

In Thailand, Thai Agro Industry is looking to acquire an additional 200,000 liters per day of ethanol production, boosting its total daily production capacity to 550,000 liters, with the purchase of two ethanol plants located in the central part of the country. They use molasses as feedstock, have licenses to operate but aren’t yet ready […]

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Thailand re-examining ethanol policy in light of falling oil prices

Thailand re-examining ethanol policy in light of falling oil prices

April 7, 2015 |

In Thailand, the energy ministry is reviewing its plans to promote ethanol consumption in light of lower petrol prices. The policy had been to consume 9 billion liters annually by 2021, up from 3.5 billion liters now, but cheaper gasoline will make the aims difficult to achieve. Promoting E85 has been ruled out because it […]

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Thai ethanol producers urging government to keep price gap between gas and ethanol

Thai ethanol producers urging government to keep price gap between gas and ethanol

March 4, 2015 |

In Thailand, the national ethanol producers association is urging the government to maintain the price gap between ethanol and gasoline despite falling oil prices. The association warned that if the government didn’t artificially maintain the gap, it could take up to six years for ethanol demand to return to current levels. On Monday, ministers will […]

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Buriram Sugar to invest $30.6 million in ethanol plant

Buriram Sugar to invest $30.6 million in ethanol plant

February 11, 2015 |

In Thailand, Buriram Sugar plans to invest $30.6 million in a 150,000 liter per day ethanol plant despite falling oil prices because the government is still continuing to support biofuels. The company just inaugurated a second co-generation boiler adding 9MW of additional power production for the national grid.

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Thailand slashes B7 mandate by half due to low palm oil supplies

Thailand slashes B7 mandate by half due to low palm oil supplies

January 21, 2015 |

In Thailand, the government is slashing the B7 mandate to just 3.5% in order to reserve palm oil supplies. With stocks down to just 100,000 metric tons, the importation of 50,000 tons has been approved to ensure enough supplies for cooking oil. The smaller stocks is a result of the annual dry season period when […]

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Thai ethanol producers want government to maintain price gap with gasoline

Thai ethanol producers want government to maintain price gap with gasoline

January 5, 2015 |

In Thailand, the country’s ethanol producers association is urging the government to maintain the price gap between ethanol and gasoline to ensure continued demand for ethanol, rather than allow falling petrol prices reduce ethanol demand. If the price gap is not maintained, the association estimates it could take five to six years to return to […]

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NatureWorks Asia seeking $78.2 million in soft loans for bio-plastics in Thailand

NatureWorks Asia seeking $78.2 million in soft loans for bio-plastics in Thailand

August 21, 2014 |

In Thailand, NatureWorks Asia Pacific, a joint venture between PTT Global Chemical (PTTGC) and based Cargill, are requesting the government to provide $78.2 million in soft loans to help jumpstart the bio-plastics industry in the country. Those loans would then spur 40 times the investment from the private sector within the next five to 10 years, […]

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Thailand promoting massive growth in oil palm production at expense of rubber

Thailand promoting massive growth in oil palm production at expense of rubber

August 5, 2014 |

In Thailand, the government has boosted the price paid to farmers to cut down rubber trees following a 20% cut in global rubber prices and is encouraging them to instead plant oil palm trees to increase biodiesel production. The plan is to cut down 350,000 rubber trees per year, up from 250,000 trees originally, while […]

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Bankgchak buys ethanol plant for $23.8 million

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.  

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PTT may use spoiled rice for ethanol

PTT may use spoiled rice for ethanol

July 30, 2014 |

In Thailand, the Finance Ministry may sell 100,000 metric tons of spoiled rice to PTT for use as ethanol feedstock after discovering that so much of the rice pledged by farmers at between THB15,000 and THB20,000 per ton had spoiled. Though the price still has to be negotiated, the finance ministry’s permanent secretary expects that […]

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