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Thursday, May 2, 2024

Pledge to forge biochemical hub

Pledge to forge biochemical hub

Bid to add value to biofuels by using them as feedstocks

From left Mr Kittiphong, Mr Sanchai and Mrs Arawadee share their optimism on biochemical production in Thailand at a webinar.

PTT Plc and Bangchak Corporation Plc have vowed to help Thailand become a regional production base for high-value biochemical products in the post-pandemic period.

Thailand wants to add value to biofuels by using them as feedstocks for the biochemical industry, which requires them to produce a range of products from food and medicine to personal care products such as cosmetics.

Though the country became a major biofuel producer in the region when global oil prices soared above US$90 per barrel over two decades ago, biofuel prices have been…

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