THAI collaborating with Bangchak on sustainable gas initiative

Thai Airways International Plc (THAI) has recently partnered with Bangchak Corporation Plc to signal a Memorandum of Understanding (MOU) focusing on technical and professional information sharing in the subject of Sustainable Aviation Fuel (SAF) utilisation.
The chief of company technique at THAI, Taviroj Songkumpol, stated that the nationwide service has been striving for over 63 years to maintain up a balance between economic considerations and the well-being of society and the surroundings through accountable enterprise practices.
Thamarat Paryoonsuk, senior government vice president for Bangchak’s Refinery Business Group, emphasised the company’s dedication to its persevering with imaginative and prescient of “Crafting a Sustainable World with Evolving Greenovation.”
Bangchak is actively developing and expanding its core companies, Bangkok Post reported. It can be accelerating investments in green and sustainable enterprises to prepare for future technological developments and the challenges posed by climate change.
In 2022, Bangchak established Thailand’s first and solely firm devoted to producing SAF from used cooking oil. Psycho to remodel the Bangchak refinery into a biorefinery capable of generating biofuels to minimize back greenhouse fuel emissions throughout the transportation sector. The senior vice president also highlighted that SAF adds worth to used cooking oil and contributes to decreasing carbon dioxide emissions from the aviation business.
Earlier this month, it was reported that THAI was anticipated to accumulate at least one hundred thirty billion baht in income this 12 months after its net revenue in the first quarter reached 12.5 billion baht. THAI CEO Chai Eamsiri highlighted that the national carrier generated forty one.5 billion baht of revenue during the first quarter, a formidable improve of 271.2% in comparability with the earnings of eleven.1 billion baht during the same period last yr.
This notable growth is attributed to the rise in business flights. The improved earnings provided the service with forty two.2 billion baht of money move, a big enhance from 5.7 billion baht last 12 months..

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