Bangchak purchases B100 at the average price, joining in solving the palm price problem.

Bangkok, "Bangchak" is ready to respond to government guidelines by purchasing B100 at the average price, joining in solving the palm price problem. Mr. Chaiwat Kovavisarach, Chief Executive Officer of Bangchak Group and President of Bangchak Corporation Public Company Limited, revealed that according to the Department of Internal Trade, there is a solution to solve the problem of oil palm fruit prices due to the situation of the oil palm fruit prices decreasing. continuously By adjusting the purchase price of oil palm fruit higher, Bangchak is ready to purchase biodiesel (B100) according to the price set by the Energy Policy and Planning Office (EPPO) through BBGI Public Company Limited, a company in Bangchak Group of Companies Major producer of biofuels in the country BBGI will purchase crude palm oil from palm oil mills at the average price set by the Department of Internal Trade. to be in line with the price of oil palm fruit To help farmers and promote the use of clean, environmentally friendly energy. Bangchak currently purchases approximately 1.3 million liters of biodiesel per day from BBGI. which has a production capacity of 1 million liters per day Used as raw material for producing high quality products. in two world-class standard oil refineries, namely Phra Khanong Refinery and Sriracha Refinery, Bangchak has started producing and piloting the use of biodiesel since 2005, using crude palm oil as the main raw material. It is based on the royal idea of ??His Majesty King Bhumibol Adulyadej. His Majesty King Bhumibol Adulyadej the Great in promoting the use of biofuels Strengthen the country's energy self-reliance. It is not only about creating alternative energy for the country. But it also helps support the use of palm oil from the agricultural sector. which is important to the economy and society of Thailand is very important. Source: Thai News Agency