Braskem Siam Acquires Ethanol for Bio-Ethylene Production in Thailand
The joint venture aims to establish the first factory in Asia to produce bio-ethylene from ethanol, supporting sustainable bioplastics.
Braskem Siam, a joint venture consisting of SCG Chemicals and Brazil-based Braskem, has announced plans to acquire ethanol from Mitr Phol Bio Fuel to produce bio-ethylene, marking a significant step towards the development of environmentally sustainable products in Asia.
This initiative aligns with global efforts to reduce carbon dioxide emissions through bio-based alternatives.
The acquisition follows the signing of a letter of intent between Braskem Siam and Mitr Phol Bio Fuel, a subsidiary of the Mitr Phol Group, which specializes in sugar production.
The bio-ethylene produced will serve as feedstock for SCGC to manufacture bio-based polyethylene (bio-PE), a recyclable polymer with a negative carbon footprint, similar in functionality to conventional polyethylene.
Bio-PE is utilized across several industries, including food packaging, personal care, and toy manufacturing.
Salin Panichsarn, the deputy managing director of Braskem Siam, stated that the company is assessing the construction of a production facility at the Map Ta Phut Industrial Estate in Rayong.
The new plant is projected to have an annual production capacity of 200,000 tonnes of bio-ethylene, derived from agricultural feedstocks, thereby reducing reliance on fossil fuel-based ethylene.
Completion of the construction is targeted for 2027.
To support this initiative, Braskem Siam estimates a demand for over 450 million litres of ethanol annually and is exploring both domestic and international sourcing options for high-potential ethanol feedstock.
Salin confirmed that Braskem Siam is particularly interested in utilizing sugar cane-derived ethanol from Mitr Phol Bio Fuel to meet its production goals.
Mitr Phol Bio Fuel's managing director, Thunyawee Pongwattanasuk, expressed the company's commitment to aid Braskem Siam in the production and delivery of quality ethanol, reinforcing its strategy to extend beyond the fuel sector and bolster the bioplastics industry.
According to SCGC, the new factory aims to respond to the increasing demand for sustainable polymers in both Asian and European markets, while supporting Thailand's objectives for sustainable ethanol production.
This initiative aligns with global efforts to reduce carbon dioxide emissions through bio-based alternatives.
The acquisition follows the signing of a letter of intent between Braskem Siam and Mitr Phol Bio Fuel, a subsidiary of the Mitr Phol Group, which specializes in sugar production.
The bio-ethylene produced will serve as feedstock for SCGC to manufacture bio-based polyethylene (bio-PE), a recyclable polymer with a negative carbon footprint, similar in functionality to conventional polyethylene.
Bio-PE is utilized across several industries, including food packaging, personal care, and toy manufacturing.
Salin Panichsarn, the deputy managing director of Braskem Siam, stated that the company is assessing the construction of a production facility at the Map Ta Phut Industrial Estate in Rayong.
The new plant is projected to have an annual production capacity of 200,000 tonnes of bio-ethylene, derived from agricultural feedstocks, thereby reducing reliance on fossil fuel-based ethylene.
Completion of the construction is targeted for 2027.
To support this initiative, Braskem Siam estimates a demand for over 450 million litres of ethanol annually and is exploring both domestic and international sourcing options for high-potential ethanol feedstock.
Salin confirmed that Braskem Siam is particularly interested in utilizing sugar cane-derived ethanol from Mitr Phol Bio Fuel to meet its production goals.
Mitr Phol Bio Fuel's managing director, Thunyawee Pongwattanasuk, expressed the company's commitment to aid Braskem Siam in the production and delivery of quality ethanol, reinforcing its strategy to extend beyond the fuel sector and bolster the bioplastics industry.
According to SCGC, the new factory aims to respond to the increasing demand for sustainable polymers in both Asian and European markets, while supporting Thailand's objectives for sustainable ethanol production.
