Thailand’s industrial ethanol: A game-changer in green economy?
Thailand is on the cusp of an industrial transformation as experts push for a major shift in ethanol production.
Isares Rattanadilok na Phuket, Vice President of the Federation of Thai Industries (FTI) called to liberate the country’s ethanol potential, aiming to slash reliance on imports and catapult Thailand into a green economic powerhouse.
The FTI has unearthed Thailand’s abundant capacity for ethanol production, primarily through sugar cane and tapioca fermentation, setting the stage for a groundbreaking industrial evolution. But is the kingdom ready to seize this opportunity and pave its way towards self-sufficiency?
Isares, in a statement yesterday, March 13, underscored the urgency of the situation, advocating for a radical overhaul in ethanol regulations to foster local production.
“Allowing Thai sugar manufacturers to produce industrial-grade ethanol would not only ensure their survival but also enhance the value of Thailand’s pivotal economic crops.”
He emphasised that this move aligns seamlessly with Thailand’s aspiration to become a frontrunner in the green economy, driven by the Bio-Circular-Green (BCG) model.
“Industrial-grade ethanol is not just for vehicles. It holds the key to revolutionising various sectors including pharmaceuticals, cosmetics, and cleaning products.”
Seksan Phrommanich, Vice Chairman of the FTI Renewable Energy Industry Club, echoed Isares’s sentiments, shedding light on the exorbitant costs of importing ethanol.
“It’s time to break free from reliance on foreign sources.”
However, entrenched regulations have hindered Thai fuel ethanol manufacturers from tapping into the potential of industrial-grade ethanol.
“Outdated laws stifle our capacity to meet domestic demand, forcing us to import at a premium.”
Amid the Covid-19 pandemic, 27 Thai fuel ethanol manufacturers geared up to produce pure ethanol for hygiene purposes, demonstrating the country’s capability. Yet, regulatory barriers persist, thwarting their transition to industrial-grade production, reported The Nation.
Ketmanee Lertkitcha, CEO of KOP International and an FTI executive board member, urged the government to modernise regulations to spur business growth.
“The demand for ethanol is soaring, and Thailand must seize this opportunity to bolster its ethanol industry.”
Economy NewsThailand News