Tag: Thailand

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Thai ethanol producer to use IPO funds for biogas power project

In Thailand, the country’s third-largest ethanol producer will use about 296 million shares from its upcoming IPO to fund a 3MW biogas power plant, along with reducing debt and increasing working capital. The power plant will supply the ethanol plant and is expected to significantly reduce its power costs. The two phases of the project […]

April 9, 2014 More

PTT teams with Mitr Phol on E85 for northern Thailand

In Thailand, PTT and Mitr Phol are setting up a joint venture to produce E85. The $939,000 facility will be online by the end of 2014, producing half a million liters of fuel daily.  PTT will then distribute the fuel in the northern and northeastern parts of the country, helping to extend E85 availability beyond […]

April 8, 2014 More

Thai fuel retailer wants to team with sugar mills on ethanol production

In Thailand, the country’s six-largest fuel retailer PTG Energy, is looking to tie up with sugar millers who haven’t yet invested in ethanol production to do so. The company raised $49.7 million in an IPO last year but hasn’t yet spent the money. Negotiations with mills could take another two or three months to be […]

March 19, 2014 More

Phuket seeking $22.6 million to build MSW-to-biofuel facility

In Thailand, Phuket’s Provincial Administration Organization is seeking $22.6 million to build a waste-to-biofuel facility that would use the entire island’s MSW as feedstock. Funding for the project will be sought from the national Ministry of Natural Resources and Environment.

March 19, 2014 More

Thai palm oil producers want policy shift to better support biodiesel

In Thailand, the palm oil producers association wants the government to make the biodiesel blending policy more flexible, allowing prices to rise when supplies fall rather than capping cooking oil prices as is currently being done. The group says that capping cooking oil prices distorts the market, as does exports. Exports rose 39% year-on-year in […]

January 21, 2014 More

Thailand lowers biodiesel blend to 4% on lower palm production

In Thailand, the government will implement B4 instead of B7 because of less palm oil production than previously expected. Production is now seen at between 800,000 and 900,000 metric tons of palm fruits per month rather than 1 million tons as previously estimated. The new harvest season begins in March when it is hoped that […]

January 9, 2014 More

Thailand’s cassava ethanol production to double in 2014

In Thailand, the amount of ethanol produced from cassava is expected to double to 3 million tonnes in 2014. The Ministry of Commerce will allocate over USD$300m to manage an income plan for next season. “If the new government chooses not to implement the income guarantee plan next year, ethanol producers could still purchase fresh […]

December 23, 2013 More

Thailand’s cassava-based ethanol production set to double in 2014

In Thailand, cassava-based ethanol is set to boom next year with production doubling to 3 million metric tons, in part thanks to a $307 million boost from the government to support cassava growers. If that policy doesn’t go into place, then cassava prices will fall, also weighing on cassava ethanol prices that are currently slightly […]

December 19, 2013 More

Al Energy set for AIM IPO on Christmas Eve

In Thailand, Al Energy expects it will be able to produce 20% more biodiesel after securing funds via its IPO on the Alternative Investment Market set for Christmas Eve. At the moment, the company produces more than 1,100 metric tons of biodiesel from palm oil per day. About 275 million shares will be offered to […]

December 9, 2013 More

Toyota tells Thai government to ditch B7 in favor of BHD

In Thailand, Toyota has told the energy minister that it should focus on bio-hydrogenated diesel (renewable diesel) or B20 instead of B7. The company has teamed with the state-owned oil company PTT on BHD research because the price of BHD is cheaper for consumers than B7. The company also wants the country to encourage investment […]

November 19, 2013 More