biofuel
- Thailand News
Thailand biofuel subsidy ends in 2027, costs to rise for farmers
Thailand’s Energy Ministry is set to introduce measures to mitigate the effects of the impending cessation of biofuel price subsidies in 2027. With the expiration of these subsidies, the cost of biofuels is anticipated to rise, impacting palm and sugar cane growers who supply raw materials for biofuel production. Farmers sell their crops to factories that produce two types of…
- Aviation News
Thai authorities craft national oil proposal to boost sustainable aviation fuel
In a bid to bolster the aviation industry’s effort to curtail carbon dioxide emissions, Thai energy authorities are in the process of crafting a novel national oil proposal. The blueprint will cater to the evolution of Sustainable Aviation Fuel (SAF), a biofuel variant for aircraft. The appeal of SAF lies in its strong resemblance to jet fuel in terms of…
- Business News
GGC forecasts 20% sales growth, revenue steady amid falling prices
Global Green Chemicals (GGC), the biochemical subsidiary of PTT Global Chemical (PTTGC), anticipates a 20% increase in sales this year, primarily driven by palm oil-based products. However, overall revenue for PTTGC’s Biochemical subsidiary, GGC is expected to remain steady due to a decrease in product prices. Kridsada Prasertsuka, PTTGGC Biochemical’s managing director, attributes the sales increase to the rising demand…
