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 […]
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 […]
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.
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 […]
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 […]
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, […]
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 […]
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.
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 […]
In Thailand, the director of a regional medical center is working with local authorities to set up small-scale biodiesel production in an attempt to deter used cooking oil from being bleached and re-sold back into the market. Apparently only about 20 million liters of cooking oil gets used for biodiesel production ever year, compared to […]