In Thailand, Bangchak and Sumitomo have joined forces in a strategic partnership through a framework agreement for the purchase and sale of used cooking oil (UCO) and neat SAF. This collaboration marks a pivotal advancement in the strategic partnership between the two corporations, underscoring their shared values and dedication to sustainable development and environmental stewardship. […]
In Thailand, the Bangkok Post reports PTT may invest $84.7 million in a green methanol facility. ThyssenKrupp Uhde conducted the front-end feasibility study for the proposed 100,00 metric tons per year of green methanol from captured carbon dioxide but it could scale up to 2 million tons per year, nearly triple the 700,000 tons of […]
In India, BNN Breaking reported that PTG Energy, an oil trading company in Thailand, has made a strategic investment in the waste-to-energy (WTE) sector. According to the report, the company recently acquired additional shares in Thai Paiboon, a local refuse-derived fuel (RDF) producer and distributor, with an aim to hold a 33.3% stake. Thai Paiboon […]
In Thailand, the Bangkok Post reports the Oil Fuel Fund Office is looking to finally end biofuel subsidies for certain blends in September after intending to for several years. Biofuels have been subsidized in Thailand for more than 20 years, but the office feels that biofuels’ popularity has rendered it unnecessary to subsidize the fuel. […]
In Thailand, the Nation newspaper reports that only B7 and B20 diesel will be available at the pump from May 1, 2024 as the government discontinues the sale of B10 in an effort to simplify purchase choices and reduce confusion amongst customers while still enabling it to achieve biodiesel consumption goals. Discontinuing B10 isn’t expected […]
