Bangchak Group Affirms Readiness for Production of Sustainable Aviation Fuel (SAF) - Today Updatenews

Breaking

Home Top Ad

Post Top Ad

วันศุกร์ที่ 4 เมษายน พ.ศ. 2568

Bangchak Group Affirms Readiness for Production of Sustainable Aviation Fuel (SAF)



 Bangchak Group reaffirms its readiness to launch its Sustainable Aviation Fuel (SAFproduction project, with readiness across feedstock, technology, and market acceptanceThe Group is a pioneer in Thailand in producing 100Neat SAF using used cooking oil (UCOand alternative feedstocks (waste oils from industrial and service sectors), under the internationally recognized International Sustainability and Carbon Certification (ISCCsystem.



MrChaiwat Kovavisarach, Group Chief Executive Officer and President of Bangchak Corporation Public Company Limited, stated that the SAF project is a major milestone for Bangchak, marking its evolution from a renewable energy leader to a future energy leaderThe company builds on over 20 years of experience in UCO collection for biofuel production and benefits from cost advantages by utilizing existing refinery infrastructure, helping reduce both construction and operational costs.

As of April, construction progress has surpassed 96%, with operations scheduled to begin in the second quarter of 2025The plan starts with a Plant Performance Test Run, followed by a production ramp-up aligned with sales contracts and growing market demandThe company has already signed SAF purchase agreements with key customers and entered into tolling arrangementsAdditional partnership discussions are also underway.

Although many countries, particularly in Asia, have yet to implement clear SAF blending mandates, global demand for SAF continues to rise, driven by Net Zero targets and carbon reduction goals in the aviation sectorMeanwhile, regions such as the European Union have already set minimum SAF usage targets of 2by 2025, reflecting a clear policy direction and creating strong investment incentivesIn the short term, the SAF market may experience a temporary surplus; however, from 2030 onward, it is projected to face a supply shortage as mandates begin to take effect in countries worldwide.

ไม่มีความคิดเห็น:

แสดงความคิดเห็น

Post Bottom Ad