Bangchak and Thai Airways exchange techniques for sustainable jet fuel use

Bangkok, May 24 – Bangchak and Thai Airways sign a cooperation agreement to exchange knowledge and expertise. Technical aspects of the sustainable use of jet fuel

Mr. Patiwat Thivasasith Chief Operating Officer - Refinery Refinery and Oil Trading Business Group, Bangchak Corporation Public Company Limited presided over the signing ceremony of the cooperation agreement to exchange knowledge and expertise. Technical topics on sustainable aviation fuel between Bangchak Corporation Public Company Limited and Thai Airways International Public Company Limited, with Mr. Thammarat Prayoonsuk, Senior Executive Vice President Refinery and Oil Trading Business Group, Bangchak Corporation Public Company Limited and Mr. Tawiroj Songkamphol, Chief Corporate Strategy Officer, Thai Airways International Public Company Limited signed and Mr. Seree Anuphananan, Acting Executive Vice President Marketing Business Group, Bangchak Company and Mr. Chaiyong Rattanapaisarnsuk Director of Strategy and Organization Development Department of Thai Airways International Co., Ltd. attended the signing as a witness at Thai Airways Headquarters on Vibhavadi Rangsit Road.

Mr. Thammarat Prayoonsuk, Bangchak Executive Vice President, Refinery and Trading Business Group, said that as one of the leaders in the energy transition, Bangchak is committed to carrying out missions under its vision. “Creating a Sustainable World through Green Innovation” with the focus on Balancing the Energy Trilemma to supply, produce and distribute oil and biofuels to meet the needs of businesses and people. as well as developing and extending the main business to grow Accelerate the expansion of investment in green and sustainable businesses. To prepare to support technology and changes in the future as well as support the challenge of global climate change.

In 2022, Bangchak established the first and only company in Thailand to produce Sustainable Aviation Fuel (SAF) according to the BCP plan.

316 NET clear and concrete Aiming for the Company's goal of zero greenhouse gas emissions in 2050, with plans to transform Bangchak's refinery into a bio-refinery. (Biorefinery) to produce biofuels It is the energy of the future that will help reduce greenhouse gas emissions in the transport sector. But it also helps reduce carbon dioxide emissions in the aviation sector. This is in line with the trend in the global aviation industry that is moving towards achieving the goal of Carbon Zero or FlyNetZero by 2050 as well.

In addition, the company has other missions. in driving a low-carbon society, such as increasing the proportion of using clean energy in Bangchak service stations To aim for the goal of service stations that emit zero greenhouse gases. and together with business partners to install EV Charger covering all regions throughout Thailand Continuous expansion of the power generation business from clean energy Study and invest in the battery business The establishment of the electric motorcycle rental platform Winnonie and the establishment of the Carbon Markets Club network for the first time in Thailand. To promote the exchange of knowledge on managing carbon credits. and is a trading channel for carbon credits in Thailand to add value and promote carbon reduction Including establishing forest planting projects to absorb and store natural carbon with various agencies.

Bangchak is confident that the cooperation that will happen with Thai Airways this time will lead to the promotion of the aviation industry both domestically and internationally Access to sustainable jet fuel and contribute to reducing greenhouse gas emissions.

Mr. Thawiroj Songkamphol, Chief Strategy Officer of Thai Airways International Public Company Limited, revealed that Thai Airways, as the national airline whose main business is a full service carrier, provides passenger, cargo and postal transportation services. Comprehensive air products Both domestic and international There is a network of routes covering more than 30 countries around the world. It has been in business for more than 63 years, focusing on business operations to promote balance in economic, social, environment and good governance dimensions. Bangchak as Asia's leading green innovation group which has invested in creating a sustainable jet fuel production unit from used oil which increases the value of domestic waste It also helps in reducing carbon dioxide emissions in the aviation industry. this cooperation The objective is to promote the aviation industry both domestically and internationally. has refueled with sustainable jet fuel To achieve the goal of zero greenhouse gas emissions or Net Zero by the year 2050 (AD 2050), in which the aviation industry currently greenhouse gas emissions representing 2% of total greenhouse gas emissions. And in the future, there is a tendency for the aviation industry to grow. As a result, greenhouse gas emissions will inevitably increase accordingly.

It is also a shared bring knowledge, experience, and expertise of each department To carry out technical studies on the use of sustainable aviation fuel: Sustainable Aviation Fuel (SAF) to be more efficient. To achieve the goal of Net Zero and to comply with the standards of the International Civil Aviation Organization. (International Civil Aviation Organization: ICAO) and the International Aviation Association (International Air Transport Association: IATA), which sincerely hopes that This collaboration will lead to further synergies in the future to enhance business value. coupled with taking care of society and the environment Moving towards sustainable growth together.-Thai News Agency

Source: Thai News Agency