CHO
CHONews · 2024-03-03 10:03
Cho Thavee, Ronitron, and NESG signed a cooperation agreement to produce SAF, green hydrogen, and biochar from agricultural waste, aiming for decarbonization.
Cho Thavee Public Company Limited, Ronitron Company Limited, and Nex Energy Systems Global Limited (NESG) have partnered to produce sustainable aviation fuel (SAF), green hydrogen, green naphtha, and biochar from agricultural waste, with Fintechinno Limited developing a carbon credit management system.
This collaboration aims to add value to agricultural waste, support Thailand's Net Zero Emission goals, and benefit farmers by transforming these companies into major developers of environmentally sustainable systems in Asia.
Fast Facts
- ·Partners: Cho Thavee Public Company Limited, Ronitron Company Limited, Nex Energy Systems Global Limited (NESG), Fintechinno Limited
- ·Products: SAF, Green Naphtha, Green Hydrogen, Biochar
- ·Feedstock: Agricultural waste materials
- ·Technology: KUG technology for Agricultural Waste to Energy
- ·Initial production target: 26 million liters per year
- ·Initial CO2 reduction target: 52,000 tonnes annually
- ·Expansion CO2 reduction target: 1 million tonnes annually
- ·Signing location: SCG Experience CDC, Bangkok
- ·Signing date: February 29, 2024
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Cho Thavee, Ronitron, and NESG signed a cooperation agreement to produce SAF, green hydrogen, and biochar from agricultural waste, aiming for decarbonization.