mandatory diesel to gradually replace B7 since January 2020. Comparison with 1Q2020, CPO price plummeted, pressured by a high level of CPO stock in Thailand due to high seasonal palm production in this
Baht) Million Baht According to the announcement of the Department of Energy Business regarding the characteristics and quality of diesel oil, BE 2562, dated 30 January 2019, determined by allowing
Baht According to the announcement of the Department of Energy Business regarding the characteristics and quality of diesel oil, BE 2562, dated 30 January 2019, determined by allowing certain types of
of the B20 and B10 diesel with special grade within Bangchak service stations to increase availability coverage. The company developed the “Bangchak Hi-Diesel B20 S” and “Bangchak Hi-Diesel S B10
distributing B20 diesel to support the Ministry of Energy’s policy. The Company developed the “Hi-Diesel B20s” product that enhances the quality of B20 diesel with the Green S technology; increasing Cetane value
service stations. Also, within this quarter, diesel sales volume to agriculture sector increased. Aside from this, the company launched Hi Premium Diesel S, an innovative premium quality diesel in response
consistent increase in its retail channel sales; the main distribution channel, from the Company’s strategy to enlarge its customer base, and debuted the B20 Diesel product in tandem with a special price
. However, the Company’s sales of B20 Diesel through the retail channel has doubled from the previous quarter after debuting the Hi-Diesel B20S which is of higher quality than the normal B20 Diesel. At the
Biodiesel blend in Diesel Mandate not lower than 5% and not higher than 7% by volume on November 10, 2016, while in 1st quarter of 2016 was not lower than 6.50% and not higher than 7% by volume on August 3
Ministry has introduced B10 biodiesel as the mandatory diesel in Thailand, replacing B7 biodiesel at the beginning of 2020. Furthermore, the Government has been subsidizing B10 and B20 retail prices, making