Bangchak Launches Thailand’s First Commercial SAF Production

Why It Matters

Bangchak’s operational SAF plant gives Thailand a foothold in a fast‑growing, low‑carbon aviation market, accelerating the nation’s climate goals and creating export revenue streams.

Key Takeaways

• Bangchak's new plant produces 100% HEFA‑SPK SAF at Phra Khanong refinery
• First Thai SAF export scheduled for 19 May to a world‑class buyer
• UCO collection network supports feedstock supply for SAF and renewable diesel
• Project advances Thailand's net‑zero goals and aviation energy security
• Plant meets global certification standards, positioning Thailand in SAF supply chain

Pulse Analysis

Sustainable Aviation Fuel is rapidly becoming a cornerstone of the aviation industry's decarbonization strategy, with global demand projected to exceed 10 million barrels annually by 2030. Thailand, historically a net importer of jet fuel, has lagged behind regional peers in SAF production. Bangchak’s launch of a dedicated HEFA‑SPK facility not only fills a domestic supply gap but also aligns the country with international sustainability standards, positioning it as a credible player in the emerging SAF market.

The Phra Khanong refinery conversion leverages used cooking oil (UCO) as a renewable feedstock, integrating collection, processing, and conversion into both SAF and renewable diesel (HVO). This closed‑loop approach reduces reliance on virgin oils, cuts lifecycle emissions, and creates a diversified product slate that can serve both aviation and road transport sectors. By building the plant from scratch to world‑class specifications, Bangchak ensures compliance with ASTM D7566 and other certification regimes, enhancing product acceptance among global airlines.

From a business perspective, the first export slated for 19 May signals Thailand’s readiness to monetize its SAF capabilities, potentially unlocking new revenue streams and attracting foreign investment. The project also advances the nation’s net‑zero roadmap by diversifying its energy mix and strengthening energy security. As more airlines commit to SAF purchase agreements, Bangchak’s early mover advantage could translate into sustained market share, encouraging further policy support and scaling of renewable fuel infrastructure across Southeast Asia.