OIE promotes 2 more oleochemical products Create added value for palm oil in the whole system

OIE promotes 2 more oleochemical products Create added value for palm oil in the whole system

Mr. Thongchai Chawalitpichet, director of the Office of Industrial Economics, said that at the meeting of the National Oil Palm Board (EPPC) No. 1/2565 in the past, the meeting resolved to approve the formulation of oleochemical products. The goal is in addition to being promoted from the original 6 products to 8 products, namely the 7th product is Bio Hydrogenated Diesel (BHD) and the 8th product is the Biojet Jet Fuel. fuels), including progress on the implementation of measures and guidelines to increase the value of palm oil and palm oil in the whole system according to the OIE as a sub-committee on enhancing the competitiveness of the whole palm oil and palm oil industry The system under the NEPC was proposed.

The addition of Target 7 oleochemical products Bio Hydrogenated Diesel (BHD) and Target 8 Biojet fuels Biojet fuels will absorb palm oil use. And create added value for the oil palm and palm oil industry as a whole. BHD will replenish the use of biodiesel back up to B10 in accordance with the Euro 5 fuel standard and maintain the level of crude palm oil use from decreasing. More than 635 thousand tons per year and Biojet fuels will support the trend of carbon taxation for commercial airlines flying through EU airspace that do not use biofuels.

The European Commission (EC) has announced the Renewable Energy Plan (REDII) targeting the EU’s renewable energy consumption of 40% by 2030, in line with the Paris Agreement to at least reduce CO2. 40% and set a net CO2 emissions target of 0 by 2050, which is a great opportunity for Thailand to sell biojets for international flights landing in Thailand.

As for the progress in driving the implementation of measures and guidelines to increase the value of palm oil and palm oil, the important ones are:

1) Production process/technology and innovation, by NSTDA in cooperation with the Electricity Generating Authority of Thailand (EGAT), the Provincial Electricity Authority (PEA), the Metropolitan Electricity Authority (MEA), and the private sector. During the process of testing and analyzing the properties of bio-transformer oil compared to imported transformer oil

2) Standards and testing The Thai Industrial Standards Institute (TISI) has appointed a subcommittee on each branch, Faculty 28/6, to establish standards for bio-transformer oil products.

3) Benefits The Office of the Board of Investment (PORT) is in the process of proposing a draft of 6 types of businesses that will receive investment promotion.

4) On the demand side, product user agencies such as the Harbor Department, Bangkok Mass Transit Organization (BMTA) and the State Railway of Thailand (SRT) are willing to cooperate in using the targeted products. And the Ministry of Finance has announced the ministerial regulations stipulating parcels and procurement methods that the government wants to support B.E. 2563, including environmentally friendly parcels.

The addition of two more targeted oleochemical products to eight products and the implementation of palm oil and palm oil value-added measures and guidelines will enhance and create added value throughout the palm oil and palm oil production chain. Stimulate investment in technology upgrades and create innovations for the industrial sector. Responding to environmental conservation trends It is also the absorption of palm products. As a result, palm prices are stable and sustainable development will continue.

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