SET-listed Sakol Energy (SKE), a compressed natural gas trader and biomass power plant operator, has maintained its projection for revenue to surge to almost 1 billion baht this year, up from 500 million baht in 2022, thanks to higher sales of premium-grade refuse-derived fuel.
Large amounts of this type of fuel are needed by Siam Cement Group (SCG), Thailand’s largest cement maker and industrial conglomerate, as the firm is committed to cutting carbon dioxide emissions by changing fuels for its cement-making process.
SCG is replacing coal with fuel made from waste.
SKE has enough refuse-derived fuel, also known as RDF, to supply to SCG and other customers, mostly power…
