Thailand’s oil refineries are gearing up to market their new eco-friendly diesel that complies with the Euro5 environmental emission standard. This standard was put into effect on the first day of the year, according to the Federation of Thai Industries (FTI).
The Euro5 standard, set to replace Euro4, will apply to B7 and B20 bio-diesel, which contain 7% and 20% palm oil-derived methyl ester respectively.
For a transition period of three to four months, petrol stations will be permitted to sell Euro4 diesel, currently used by motorists, before it is entirely replaced by Euro5 diesel. This was stated by the Department of Energy Business.
The Petroleum Refining Industry Club of the FTI confirmed that oil companies, that are FTI members, are prepared to sell their new oil products. These companies have invested more than 50 billion baht (US$1.4 billion) to…
