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Thursday, May 9, 2024

High demand for SAF production expected by Bangchak in 2025

Photo: bangchak.co.th

Bangchak Corporation, a leading energy conglomerate listed on the Stock Exchange of Thailand (SET), anticipates a significant demand for Sustainable Aviation Fuel (SAF) production once it enters the market next year. The prediction comes as awareness about the environmental impact of traditional jet fuel increases among companies.

Chaiwat Kovavisarach, Bangchak’s Group Chief Executive, revealed they had received a very warm welcome from prospective SAF buyers.”

Bangchak is investing 10 billion baht into a SAF production facility, currently under construction adjacent to its oil refinery in Bangkok’s Phra Khanong district. The plant, Thailand’s first dedicated to SAF production, is projected to be operational by the end of next year.

With a daily production capacity of 1 million litres, the facility is slated to start commercial operations between late…

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