In response to government policy by the Ministry of Transport in terms of a plan to adjust the fuel structure in the country to promote biofuels and generate income for farmers who grow energy crops, the BBGI is ready to open the BBGI Bioethanol plant, Nam Phong 2 branch, Khon Kaen province, in February, 2023. The plant is equipped with a daily production capacity of 200,000 liters, supporting the total production capacity of the BBGI group to reach 800,000 liters per day.
Mr. Kittiphong Limsuwannarot, Senior Excutive Vice President, Acting as President and Chief Excutive officer to BBGI Public Company Limited, the country’s leading biofuel business operator with production capacity including biodiesel and bioethanol, revealed that, after the BBGI had previously invested in expanding the production capacity of ethanol fuel, the BBGI Bioethanol plant, Nam Phong 2 branch, Khon Kaen province, was the second factory and had started production on February 17, 2023. The production will significantly increasing operational results.
In terms of its ethanol production, the BBGI is able to manufacture 600,000 liters per day at present. From all 3 factories, by the first quarter of this year, the production capacity will increase to 800,000 liters per day. The commencement of operations at the BBGI Bioethanol plant, Nam Phong 2 Branch, Factory 2, can produce 200,000 liters of ethanol per day. It is expected that when the production capacity is fully increased, so is the revenue steadily
Mr. Kittiphong added that the Ministry of Energy’s restructuring fuel plan in Thailand to promote biofuels and generate income for farmers who grow energy crops, such as sugarcane and cassava, by requiring oil refineries to stop producing gasohol 91 and promoting gasohol E20 (gasoline with a mixture of 20.0 percent ethanol) as gasoline base oil, would enable ethanol consumption to increase gradually. The Alternative Energy and Alternative Energy Development Plan (AEDP) indicated that the Ministry of Energy aimed to increase ethanol consumption from approximately 4.0 million liters per day in 2020 to 7.5 million liters per day in 2037. This expansion of ethanol production capacity will be able to support the increasing consumption of ethanol thanks to the government’s policies.