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Renewable energy business
PPP Green Complex - Renewable energy business
The Company has jointly invested with Thachang Green Energy Co., Ltd and RD Kasetpattana Company Limited in the production and distribution of palm oil products. The Palm Complex is a fully integrated palm oil production. This Complex involves since the development of palm oil products for farmers to be used in palm oil production process. The process comprises of a palm oil mill plant, a palm oil refinery, a biodiesel plant, a vegetable oil plant, a biomass power plant and a biogas power plant. Moreover, there is a 120-million-lit oil depot facility for efficient inventory management.
This plant has a capacity of 450,000 liters of biodiesel per day and a capacity of 200,000 liters of vegetable oil per day. The biodiesel B100 will be used as a component in diesel in the proportion according to the government policy. However, it is still lower than the demand of biodiesel of PTG use at 500,000-530,000 liters per day in 2018. The company plans to increase the Complex’s production capacity to meet the growing demand for biodiesel as a result of PTG expansion. Currently, the Company operate with full capacity in October 2019.