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Wednesday, May 15, 2024

NBC poised to kick off first phase

Nakhon Sawan Bio Complex (NBC), Thailand’s first biochemical complex, will start its first-phase operation within the first quarter as Global Green Chemicals Plc (GGC), a biochemical arm of PTT Global Chemical Plc, is scheduled to open its factories soon.

GGC, which started construction of 7.5-billion-baht facilities in October 2019, will operate the factories through its subsidiary, GGC KTIS Bio Industrial Co (GKBI), a joint venture with Kaset Thai International Sugar Corporation Plc (KTIS).

This project will be a major economic driver, putting Thailand on the fast track of bio-economic development, according to GGC vice-president Wanlapa Sophiskhaunkhant.

Bio-economy, which promotes the use of renewable resources as raw materials to produce energy, food and other value-added products, will be a new source of revenue.

The NBC’s first-phase development includes a…

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