UBE Signs B2.4bn Ethanol Deal with China
(Bangkok Post) Ubon Bio Ethanol Co (UBE), an affiliate of Bangchak Petroleum Plc (BCP), has won a deal to ship 100 million litres of ethanol per year worth 2.4 billion baht to China.
The shipments averaging 300,000 litres per day will be made through the state-owned Oriental Scientific Instrument Import Export Corporation.
…Anusorn Sangnimnuan, Bangchak’s president, said UBE would be Thailand’s first integrated cassava-based production site, from plantations to ethanol. READ MORE