BBGI and BioVeritas partner for SAF renewable feedstock

MGR Online•Economy•2d ago

Reader Briefing

BBGI and BioVeritas have signed a Memorandum of Understanding to study the feasibility of producing renewable feedstock for Sustainable Aviation Fuel (SAF) in Thailand.

•BBGI and BioVeritas signed an MOU to study renewable feedstock production for low-carbon fuels, specifically SAF, in Thailand.
•The collaboration combines BBGI's biofuel production expertise and Thailand's renewable resources with BioVeritas's technology.
•The study focuses on the technical and economic feasibility of producing KEYtones™ for use in the Hydrogenated Esters and Fatty Acids (HEFA) process.

Overview

•BBGI and BioVeritas signed a Memorandum of Understanding to study the feasibility of producing renewable feedstock for Sustainable Aviation Fuel (SAF) in Thailand.
•The cooperation leverages BBGI's biofuel production expertise and Thailand's renewable resource potential combined with BioVeritas's technology.
•The partnership aims to study the conversion of domestic raw materials into high-value bio-products and develop sustainable fuels.
•The initiative is intended to increase the value of domestic resources and support Thailand's long-term energy security.
•BBGI and BioVeritas will jointly study technical and economic feasibility for producing KEYtones™ developed by BioVeritas.
•The produced KEYtones™ will be used in the Hydrogenated Esters and Fatty Acids (HEFA) process to produce SAF and other renewable fuels.

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Key Entities

Organization

BBGI(บริษัท บีบีจีไอ จำกัด (มหาชน))ℹ️

A company with expertise in biofuel production that signed an MOU with BioVeritas.

BioVeritas(บริษัท ไบโอเวอริทัส จำกัด)

A company providing technology for the production of renewable feedstock and KEYtones™.

Person

Dechapon Lertsuwannaroj(เดชพนต์ เลิศสุวรรณโรจน์)

Chief Executive Officer and President of BBGI.

Timothy Cesarek

Executive Chairman of BioVeritas.

Place

Thailand(ประเทศไทย)ℹ️

The country where the renewable feedstock production feasibility study is being conducted.