SET-listed energy conglomerate Bangchak Corporation plans to make biofuel for aircraft, also known as sustainable aviation fuel (SAF), from used cooking oil through a joint venture with a 200-million-baht budget, in a move to cut carbon dioxide emissions.
The SAF production facility is scheduled to open in the fourth quarter of 2024, according to BBGI Plc, Bangchak's biotechnology arm.
SAF has similar properties to conventional jet fuel, but the new fuel can reduce carbon emissions by up to 80%, thus becoming an effective way to reduce the aviation industry's carbon footprint.
