THAI Joins Forces with PTTGC-OR to Take off “SAF” Fuel, Revolutionizing the Thai Aviation Industry in Full.

Aviation Fuel/Sustainable Aviation Fuel (SAF)BioRefineries/Renewable Fuel ProductionBiorefinery/Fuel Production InfrastructureBusiness News/AnalysisFeedstocksField/Orchard/Plantation Crops/ResiduesFunding/Financing/InvestingInfrastructureNot AgricultureProcessR & D FocusSustainabilityThailand
November 27, 2024

(Money and Banking Online)  THAI joins hands with PTTGC-OR to drive the Thai aviation industry into the era of sustainable energy, moving forward with the full use of aviation fuel or SAF, reducing greenhouse gas emissions by up to 80%, the first phase has a production capacity of 6 million liters per year, in the future expanding to 24 million liters per year.

Day 20 Nov '2567 Thai Airways International PCL. (THAI) PTT Global Chemical Public Company Limited (PTTGC) and PTT Oil and Retail Business Public Company Limited ( OR) announces important collaboration throughSigning of a Memorandum of Understanding (MOU) to promote the use of Sustainable Aviation Fuel (SAF)

Under the joint mission to reduce greenhouse gas emissions, promote a sustainable future for the aviation industry, in line with global standards set by the International Civil Aviation Organization (ICAO) to drive Thailand towards becoming a low-carbon country.

This collaboration between the three companies is an important step in integrating research and development, production, and promoting the use of SAF fuel, from the use of raw materials from agricultural waste, fuel quality testing, to distribution and use in carbon offsetting, which will be an important foundation for expanding the use of clean energy in the Thai aviation industry.

It is also a demonstration of the implementation of the Sustainable Development Goals (SDGs). SAF products not only help reduce the carbon footprint of air travel but also raise global awareness of the importance of environmental conservation and sustainable business practices in line with the ESG principles that are being emphasized around the world.

Ms. Cherdchom Thetsathirasak, Chief Financial Officer and Accounting Officer, Thai Airways International It was revealed that the three companies aim to jointly exchange knowledge and technological skills in the production, use and maintenance of sustainable aviation fuel.

This includes working together to consider new future projects related to alternative energy for the Thai aviation business, which will help promote the Thai aviation industry to move forward in a sustainable direction.

Mr. Tossaporn Bunyaphiphat, General Manager of PTTGC The company is the first in the country to pioneer the production of SAF fuel by using the processing of used cooking oil (UCO) together with crude oil under the Biorefinery project, an innovation that can effectively reduce greenhouse gas emissions by up to 80% compared to conventional fuel. With its modern infrastructure and expertise in biorefinery development, GC is able to adapt the technology to produce SAF on a commercial scale without having to build a new plant.

In the first phase, the production capacity is 5,000 tons or 6 million liters per year and will be expanded to 25,000 tons or 24 million liters per year in the future, which will help reduce carbon dioxide emissions by 15,000 tons per year in the first phase and 60,000 tons per year in the second phase.

This process not only reduces the cost of biomaterial processing, but also ensures that the Thai aviation industry can compete globally and make an important contribution to creating a sustainable future. We are confident that the implementation of this innovation will help create a balance between economic development and environmental conservation, and perfectly meet the current energy challenges.

Mr. Suchart Ramath, Managing Director of OR Company Revealed that the company is confident in its ability to provide sales, delivery and support for SAF fuel technology with OR's strong logistics system that covers aviation fuel distribution nationwide, so it is ready to deliver SAF to every region of Thailand.

And with the collaboration with Thai Airways to use SAF on Thai Airways flights on both domestic and international routes, which helps reduce greenhouse gas emissions for sustainable business, it is considered a good starting point to show the awareness of the importance of the environment and the concrete actions to help preserve the environment sustainably. It can also achieve the goal of reducing greenhouse gas emissions in international aviation according to ICAO regulations in the future.

It is also in line with OR's business concept that aims to create a sustainable future through OR SDG to support Thailand's goal of achieving net zero greenhouse gas emissions by 2608.

The collaboration to promote the use of SAF not only elevates the Thai aviation industry, but also symbolizes strategic cooperation to create a balance between economic growth and environmental conservation, building confidence in Thailand's potential to develop technologies that reduce global impacts, and inspiring businesses worldwide to collaborate for balanced growth with the intention of reducing environmental impacts in the long runREAD MORE

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