B2 Biodiesel, a 2% biodiesel blending has started selling in Thailand in February upon Thailand's government approval. The biodiesel includes government subsidy in which it will be sold at cheaper price than regular diesel at 0.80 Baht/ litre cheaper.
Bangkok's major diesel sellers including Shell, PTT and Bangchak will be selling B2, making it available nationwide. The market price for B2 will be tied to feedstock palm oil price.
B2 is seen as major advancement in Thailand's policy towards green environment as the country has already used E10, a 10% blend of ethanol after the ban of MTBE for gasoline blending which includes government subsidy. The ethanol mostly comes from tapioca and sugarcane in Thailand. The government policy has helped bringing up biodiesel companies in Thailand, some includes Thai Oleochemicals Co, with biodiesel plant capacity includes a 200 ktpa of palm methyl ester (PME), or palm biodiesel.
Bangkok's major diesel sellers including Shell, PTT and Bangchak will be selling B2, making it available nationwide. The market price for B2 will be tied to feedstock palm oil price.
B2 is seen as major advancement in Thailand's policy towards green environment as the country has already used E10, a 10% blend of ethanol after the ban of MTBE for gasoline blending which includes government subsidy. The ethanol mostly comes from tapioca and sugarcane in Thailand. The government policy has helped bringing up biodiesel companies in Thailand, some includes Thai Oleochemicals Co, with biodiesel plant capacity includes a 200 ktpa of palm methyl ester (PME), or palm biodiesel.
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