Bangchak signs SAF MOU with Thai Airways

In Thailand, Bangchak signed a Memorandum of Understanding with Thai Airways regarding exchange of technical knowledge and expertise on the use of Sustainable Aviation Fuel (SAF).

In 2022, Bangchak established Thailand’s first and only company to produce Sustainable Aviation Fuel (SAF) from used cooking oil. This initiative is part of the BCP 316 NET plan, a clear and tangible roadmap aiming at achieving Net Zero GHG Emissions by 2050. Planning is also underway to convert Bangchak refinery into a biorefinery to produce biofuels, the energy source of the future, which would help reduce greenhouse gas emissions from the transportation sector. SAF not only adds value to used cooking oil, but also helps reduce carbon dioxide emissions from the aviation industry. This aligns with the global aviation industry trend, which aims to achieve FlyNetZero by 2050.

Furthermore, this collaboration involves sharing of knowledge, experiences, and expertise between the two parties to conduct technical studies on enhancing the efficiency of Sustainable Aviation Fuel (SAF) usage aiming at achieving the Net Zero target, in line with the standards set by the International Civil Aviation Organization (ICAO) and the International Air Transport Association (IATA). It is hoped that this cooperation will lead to future collaborations which will help enhance business value while caring for the environment and society and promoting sustainable growth together.