Thailand Save 1.6 Hundred Billion Baht on Oil Import during Past 12 Years from Ethanol Producers

Thailand Ethanol Manufacturer Association (TEMA) has recently revealed, on the 12th anniversary, that it helped sugarcane and cassava farmers to earn 6.6 billion Baht and 3.8 billion baht respectively while saving around 160,000 million Baht from 9,570 liters of petrol import, thus supporting the Thai government’s policy towards bio-economy.

Mr. Jetsada Wongwattanasin, deputy chair and acting chair of TEMA, reported that, between 2006 and 2018, use of ethanol had enabled sugarcane farmers to earn a total of 66,000 million Baht via use of over 27.5 million tons of molasses as a raw material, and cassava farmers to earn around 38,000 million Baht from use of 16.3 million tons of cassava to produce ethanol. Also, this is a way to add value for agricultural products and help sugarcane farmers to have more income from 1,000 million Baht to 9,600 million Baht per year.

Mr.Jetsada Wongwattanasin

Besides, the strategic policy of the Thai government on bio-economy development promoted adding value of sugar cane, from ethanol production to bioplastic and various chemicals. The policy enabled Thai farmers to earn more income in a sustainable way. In short, it is considered energy capacity boosting. Between 2006 and 2018, Thailand used ethanol instead of petrol import as much as 9,750 million liters worth around 160,000 million Baht.

“TEMA aims to mobilize Thailand’s stable and sustainable ethanol industry apart from promoting Thai farmers’ profession and income as it is a power for the country’s economic development,” said Mr. Jetsada.

Established by ethanol manufacturers who use molasses, sugar cane syrup and cassava as raw materials, TEMA strives for supporting its members to solve problems and conflicts, coordinating with external people, following up progress of ethanol markets in Thailand and overseas and harmonizing commercial, financial and economic benefits with the main concern of national security and people’s life quality. Its vision is to achieve leadership on ethanol as the region’s renewable energy and act as an ethanol manufacturer for energy stabilization while upgrading Thai farmers’ life and being environmentally friendly.

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