Bangchak puts SAF return on investment at 5-7 years

Quick Summary:

Energy conglomerate Bangchak Corporation Plc expects it will be 5-7 years before it generates enough revenue to recoup its investment in sustainable aviation fuel (SAF), though some prospective customers have postponed plans to legally require aircraft operators to use this biofuel.

Bangchak partners with food and beverage operators to buy used cooking oil, and it already signed contracts to sell SAF to its customers.

As of April 3, the ex-refinery price of SAF was 48 baht a litre, compared with 21-22 baht a litre for conventional oil, meaning the government subsidies may be needed, said Mr Chaiwat.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Chaiwat Litres Years 2030 According Aviation Industry Million Fuel Conventional Bangchak

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 07:03:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Bangkok Post

News ID: 27693398

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