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Thai Bangchak Petroleum to invest in palm oil crushing facility: report

Increase font size  Decrease font size Date:2012-10-22   Views:453
Thailand's Bangchak Petroleum plans to invest in building a palm oil crushing facility in Rangsit, a local media report said Monday quoting the company's president Anusorn Sangnimnuan.

The palm oil crushing facility will complement the company's planned biodiesel capacity.

The company currently operates a 300,000 liters/day biodiesel plant in Bang Pa-in in Ayutthaya thorough its subsidiary Bangchak Biofuel.

Platts reported earlier that the company plans to start up a new 300,000 liters/day biodiesel plant, also in Ayutthaya.

Bangchak is currently waiting for internal approvals for the new plant -- expected by the end of the year -- which will take its total biodiesel capacity to 600,000 liters/day.

The plants will use palm oil from its captive estates as feedstock.

 
 
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