05 March 2024

Bangchak Group Extends Reach for Low-Carbon Impact Villa Kunalai – UCO SDG Sign Agreement for the Purchase of Used Cooking Oil for BSGF to produce Thailand’s First Sustainable Aviation Fuel

Thamarat Paryoonsuk, Senior Executive Vice President, Bangchak Corporation Public Company Limited, and President of BSGF Company Limited, a joint venture between Bangchak Corporation Public Company Limited, BBGI Public Company Limited, and Thanachok Oil Light Company Limited, along with Nipon Lerttassanee, Executive Vice President, Project Management, Engineering and Logistics Business, and BSGF Company Limited executives and employees attended the signing ceremony of the Memorandum of Understanding (MOU) for the exchange of sustainability and environmental knowledge to address the issue of non-biodegradable waste between Villa Kunalai Public Company Limited and UCO SDG Company Limited (a partner of Thanachok Oil Light). The two companies have agreed to deliver nearly 3,800 units of used cooking oil collected from Kunalai’s housing estates to be sold to Thanachok Vegetable Oil (2012) Company Limited and BSGF Company Limited, a Bangchak Group company, for the production of Sustainable Aviation Fuel (SAF). Commercial production is expected to commence in early 2025.

This MOU is an important collaboration that aligns with the principles of the Circular Economy, focusing on the efficient use of resources and maximizing their reuse for sustainable growth with society. It represents an extension of the development of housing projects for a new way of life, driven by the Villa Kunalai’s commitment to “Develop Space which Creates Happiness” for a sustainable and better future and UCO’s expertise in sustainable development to eliminate non-biodegradable waste like Used Cooking Oil (UCO) from households. The agreement calls for the transfer of knowledge and understanding regarding the management of UCO to prevent impact on the environment and community, collectively working towards a Green City, Green Village, through the project to collect used cooking oil from housing estates and communities.