UOB ASSET MANAGEMENT (THAILAND) COMPANY LIMITED| | Offering Date : 22/11/2019 - 29/11/2019
factor is the adjustment in the blending biodiesel mandatory from B7 to B5 by the ERC’s resolution on February 2022 to mitigate the impact of rising diesel prices for consumers, as the aforementioned
Criteria (in development) and Aviation Criteria (to be developed). Noting though that these Bioenergy Criteria cover biofuel used for shipping and aviation. Blending facilities mixing with biofuel and fossil
is under the expectation after the announcement of biodiesel blending mandatory changed from B7 to B10. However, the average biodiesel selling price is significantly increased, which tracked the Crude
has announced the various measurements to stimulate domestic palm oil consumption; for example, lifting up the minimum blending of B7 from 6.5% to 6.8% since 5th November 2018, promoting the use of B20
glycerine supply since biodiesel blending rate has been increased by the majority biodiesel producers in global, resulted to increasing of glycerine volume (by-product of methyl ester), and together with B100
glycerine price driven by glycerine supply glut since biodiesel blending rate has been increased by leading biodiesel producers in global market. As aforementioned, the company posted net loss of THB 97
quarter as well as a softer demand for biodiesel blending due to the impact from the coronavirus (COVID-19) . Thanks to the government policy to absorb crude palm oil surplus, the government delegated the
complex in the southern part of Thailand. Covering over 111 rai of land, the complex reigns as the first luxury flagship of CPN, seamlessly blending the lifestyle and relaxation experience. Positioned as