{"id":104571,"date":"2023-06-28T16:40:00","date_gmt":"2023-06-28T09:40:00","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=104571"},"modified":"2023-06-29T10:02:56","modified_gmt":"2023-06-29T03:02:56","slug":"bangchak-producing-sustainable-aviation-fuel-saf-from-used-cooking-oil","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/bangchak-producing-sustainable-aviation-fuel-saf-from-used-cooking-oil\/","title":{"rendered":"Bangchak\u00a0producing Sustainable Aviation Fuel (SAF) from used cooking oil."},"content":{"rendered":"\n

Bangchak\u00a0Group takes the Lead as a Future Energy Leader by producing Sustainable Aviation Fuel (SAF) from used cooking oil, the first and only in Thailand. The ceremony for the Construction Agreement of Sustainable Aviation Fuel Production Unit is signed between BSGF Company Limited and TTCL Public Company Limited, supporting the aviation industry\u2019s reduction of carbon dioxide emissions, and fulfilling all three dimensions of the BCG Economy Model.<\/p>\n\n\n\n

Chaiwat Kovavisarach,<\/strong>\u00a0Group Chief Executive Officer and President,\u00a0Bangchak\u00a0Corporation Public Company Limited, stated that \u201cOver the course of nearly four decades since\u00a0Bangchak\u00a0was established with a mission to create energy security for the country and sustainability for society and the environment. <\/p>\n\n\n\n

Today, we remain committed to fulfilling these goals, under the vision of \u201cCrafting a Sustainable World with Evolving Greenovation\u201d with the Refinery and Oil Trading Business Group as\u00a0one of\u00a0its core businesses. The business has evolved through various iterations, from the early days that relied on fossil fuels, to the first era that saw the introduction of ethanol and biodiesel blending into fuels in Thailand, for which\u00a0Bangchak\u00a0was acknowledged as the \u2018Leader in Renewable Energy\u2019.\u00a0<\/p>\n\n\n\n

Bangchak\u00a0refinery is now approaching a new era, poised to become a \u2018Leader in Future Energy\u2019 by pioneering the production of aviation fuel that can reduce carbon dioxide emissions by up to 80% throughout its lifecycle compared to conventional aviation fuel from fossil fuels, and which also adds value to used cooking oil through the \u201cFry to Fly\u201d campaign.<\/p>\n\n\n\n

Today marks a significant milestone as the signing ceremony for the construction of Thailand\u2019s first and only Sustainable Aviation Fuel (SAF) production unit from used cooking oil between BSGF Company Limited – a joint venture between\u00a0Bangchak\u00a0Corporation Public Company Limited, BBGI Public Company Limited, and Thanachok Oil Light Company Limited, and TTCL Public Company Limited, an esteemed engineering and construction company from Japan, with more than 20 years of\u00a0business experience with\u00a0Bangchak.<\/p>\n\n\n\n

The construction of the Sustainable Aviation Fuel (SAF) production unit from used cooking oil is a joint effort to support the aviation industry in reducing carbon dioxide emissions into the atmosphere according to the plans of the International Civil Aviation Organization (ICAO). SAF has garnered global attention as a key fuel in achieving targets for carbon dioxide emission reduction. <\/p>\n\n\n\n

Notably, the United States passed the Inflation Reduction Act of 2022 (IRA) last year, which provides incentives to producers through a tax credit of USD 1.75 per gallon of SAF. Similarly, Europe has adopted a mandate requiring a minimum portion of SAF in the overall fuel supply, with targets set at 2% by 2025, 5% by 2030, and 70% by 2050. Japan has also established a goal for international flights passing through Japanese airports, stipulating a SAF blending ratio of 10% by 2030.<\/p>\n\n\n\n

The Sustainable Aviation Fuel (SAF) production unit at\u00a0Bangchak\u00a0refinery will incorporate Malaysian-based Desmet\u2019s Pre-Treatment technology to effectively eliminate impurities and contaminants from used cooking oil collected from the \u201cFry to Fly\u201d campaign and other channels. <\/p>\n\n\n\n

Additionally, the production process will involve a deoxygenation process, employing UOP Ecofining Technology from Honeywell UOP, USA., to alter and crack the molecular structure using hydrogen, which is an effective solution to produce Sustainable Aviation Fuel (SAF) from Honeywell UOP. The unit is projected to have a daily production capacity of approximately 1,000,000 liters and is scheduled for commissioning in the fourth quarter of 2024.<\/p>\n\n\n\n

\"\u0e1a\u0e32\u0e07\u0e08\u0e32\u0e01\u0e2f<\/figure>\n\n\n\n

Chaiwat concluded\u00a0\u201cThank you all for the support and collaboration in driving significant progress today. Reducing carbon emissions is a crucial task for all sectors. The establishment of a Sustainable Aviation Fuel (SAF) production unit is another clear manifestation of\u00a0Bangchak’s diligent implementation of the BCP 316 NET plan, aiming for Carbon Neutrality by 2030 and achieving Net Zero GHG Emissions by 2050. It is also an integrated effort in developing the BCG Economy Model across three dimensions: Bioeconomy, Circular Economy, and Green Economy, to drive Thailand’s economy in tandem with social development and environmental sustainability.\u201d<\/p>\n\n\n\n

The\u00a0general public is encouraged to sell used cooking oil at participating \u201cFry to Fly\u201d\u00a0Bangchak\u00a0service stations and collection points in the \u201cFry to Fly\u201d initiative to be used for producing Sustainable Aviation Fuel (SAF), promoting health, protecting the environment, and generating additional income.<\/p>\n\n\n\n

Worldwide banking and investment services IT spending to reach $652 billion in 2023<\/a><\/p>\n\n\n\n

Suntory PepsiCo drives Bottle-to-Bottle Recycling, starts using 100% rPET bottles for Pepsi 550 ml.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bangchak\u00a0Group takes the Lead as a Future Energy Leader by producing Sustainable Aviation Fuel (SAF) from used cooking oil<\/p>\n","protected":false},"author":8,"featured_media":104573,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3540],"tags":[18575,19923,19924],"class_list":["post-104571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability-en","tag-sustainable-aviation-fuel-2","tag-bangchak-group","tag-used-cooking-oil"],"yoast_head":"\nBangchak\u00a0producing Sustainable Aviation Fuel (SAF) from used cooking oil.<\/title>\n<meta name=\"description\" content=\"Bangchak\u00a0Group takes the Lead as a Future Energy Leader by producing Sustainable Aviation Fuel (SAF) from used cooking oil\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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