The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

More than 66,000 tonnes of non-recyclable plastics will be used to create 70 million liters of road-ready fuel in Thailand.

The Institute for Global Environmental Strategies revealed Thailand is the ideal location to construct and operate a plastics to road-ready fuel facility, calling it ,Project Thailand. 

IGE focuses on creating a clean plant for future generations, by converting plastics into valuable fuels. It plans to create a new way of living, by tackling major social challanges, which have resulted a global, enviromental crises.

The project has been approved by the Thailand Board of Investment which will consist of four, 50 tonnes per day of plastic to fuel processing modules.

200 tonnes of landfill will be removed, per day from waterways and landfills, reducing the carbon footprint by almost 40 per cent in the use of diesel, and 30 per cent reduction in the use of petrol. 

This fuel meets the EN 590 diesel requirement and EN 228 petrol requirement. IGE is working alongside international partners like Amsterdam and Hong Kong, to maximise the benefit of its technology and value to stakeholders.

Please find the announcement attached here: 

https://hotcopper.com.au/threads/ann-iges-project-approved-by-thailand-board-of-investment.4691349/
More From The Market Online

BPH Energy boost proves conviction – and a nation thinking about energy

BPH Energy got a speeding ticket from the ASX, and it spells out two things: investor…

BPH Energy renews NT Bonaparte Basin permit

BPH Energy (ASX:BPH) announced on Friday that it has renewed a key licence in the Northern…
The Market Online Video

BPH Energy wraps up Q1 with $6.6M in cash but Canberra still stalling shareholders on PEP-11

BPH Energy wound up Q1 of CY2024 with $6.5M in cash, a growing hydrogen play and…

Lithium Universe successfully locks in $3.65M to advance North American play

Lithium Universe (ASX:LU7) has announced its receipt of a confirmed $3.64M to advance its North American…