In Thailand, the Bangkok Post reports that the Energy Minister wants to begin a dialogue with palm oil traders through the Energy Business Department regarding the potential for using blockchain in an effort to help palm oil producers get higher prices without going through a middleman. Oil palm planters say they get about a third […]
In Thailand, the Nation newspaper reports that production and consumption of B100 fell by as much as a quarter over the past week as COVID-19 quarantine orders keep people off the road. Higher palm oil prices led to slightly higher biodiesel prices despite the fall in demand. Ethanol demand has increased, however, in line with […]
In Thailand, the National newspaper reports that in response to COVID-19 and the need to source as much ethanol for hand sanitizers as possible, the country is going to put on hold its ethanol blending program for the time being. The switch to E20 was meant to take place on June 1 but has been […]
In Thailand, the Bangkok Post newspaper reports that energy major PTG has allotted $15.5 million for this year to invest in its PPP Green Complex joint venture it operates together with partners Thachang Green Energy and RD Kasetpattana. The facility that produces 450,000 liters per day of biodiesel and another 200,000 liters per day of […]
In Thailand, bio-based chemical company Advanced Biochemical (Thailand) Co., Ltd. has announced a capacity increase at its plant in Map Ta Phut, Thailand, which will now produce 120,000 mt/year of bio-based epichlorohydrin (ECH) – an increase of 20,000 mt/year. Permission for this increase was granted by the Industrial Estate Authority of Thailand. The capacity increase at ABT’s […]
In Thailand, the Bangkok Post newspaper reports that the government has increased the price of B7 in an effort to make B10 and B20 comparatively cheaper and lure drivers towards the higher blends. B7 is set to be phased out. The Oil Fuel Fund Office is providing the funds for the subsidy scheme that will […]
In Thailand, the Bangkok Post reports that although the government is going to go through with planned phasing out of subsidies for both biodiesel and ethanol, it is going to revise the State Oil Fund Act that manages the subsidies over the next two years that will allow more subsidization of the fuels. The government […]
In Thailand, the Bangkok Post newspaper reports that the government has decided to take the major step of making E20 the “fundamental fuel” by September, the first time a fundamental gasoline blend will be mandated for sale at all filling stations national, in an effort to help tackle air pollution problems that have been plaguing […]
In Thailand, Malaysia’s Star newspaper reports that the Thai government is encouraging motorists to fill up with B10 and B20 which the energy ministry says can reduce smog by up to 25%. The country, and especially the capital, are suffering from severe smog conditions recently. Although all six Thai refineries have committed to produce Euro […]
In Thailand, the Bangkok Post newspaper reports that the government is looking to set up futures trading for B100 in an effort to stabilize palm oil prices. Prices are currently established by the individual palm oil crushers on a daily basis but a futures market could help to formalize pricing and help keep prices from […]
