In Thailand, Braskem has signed a memorandum of understanding (MOU) with the SCG Chemicals, one of the largest integrated petrochemical companies in Thailand and an industry leader in Asia, to perform studies to jointly invest in a new bio-ethanol dehydration plant in Thailand to produce bio-ethylene and bio-based polyethylene. If the feasibility studies are approved […]
In Thailand, Braskem and SCG Chemicals are considering a joint venture to produce biobased ethylene for conversion into polyethylene plastic. Braskem already produces biobased PE at its facility in Triunfo, Brazil, which it sells under the tradename I’m greenTM. “Amidst the ever increasing demand for circular economy and sustainable solutions worldwide, we keep looking for […]
In Thailand, continuing its global manufacturing expansion plan, NatureWorks has obtained final authorization from parent companies, GC International Corporation Company Limited, a subsidiary of PTT Global Chemical Public Company Limited (GC) and Cargill Incorporated (Cargill), to build a new Ingeo™️ PLA manufacturing complex in Thailand. NatureWorks plans to invest in excess of $600 million to […]
In Thailand, biobased polylactic acid maker NatureWorks has received final permission from parent companies Cargill and GC International Corporation to build a $600 million, 75,000 metric tons per year production facility. The site at the Nakhon Sawan Biocomplex will produce lactic acid, lactide, and biopolymer. Construction is set to begin in the second quarter of […]
In Thailand, the research arm of Krungsri Bank has released its latest biodiesel outlook for the next three years where it says growing demand of up to 4% per year will see demand grow to as high as 5.7 million liters by 2023. Although the government is using biodiesel as a way to support palm […]
In Thailand, the Bangkok Post reports the plans to implement 20% ethanol blending have been scrapped indefinitely due to the high costs of ethanol. Ethanol is produced from sugarcane and cassava in Thailand, but the production cost is nearly twice that of gasoline, while biodiesel produced from palm oil is nearly triple the cost of […]
In Thailand, the Bangkok Post reports that after several delays, E20 is set to become the standard gasoline at the pump across the country by July 2021. Currently, E10 is the standard fuel at the pump with both 91 and 95 octane options available. E20 will be 95 octane only. The most recent delays to […]
In Thailand, the Nation newspaper reports the Eastern Economic Corridor of Innovation, a major biorefinery complex that will process agricultural crops along with biofuels and bioplastics production from residues is on target to open in June 2021. So far, 45% of construction of the flagship facility is completed. The project will become the largest in […]
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 […]
