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Thailand's Bangchak supplies SAF to Thai Airways

  • : Biofuels, Emissions
  • 26/07/17

Thailand's Bangchak supplied blended sustainable aviation fuel (SAF) to Thai Airways, used on a Bangkok-Singapore flight on 16 July. This also marked Bangchak's first SAF sale to an airline.

The SAF was produced from Bangchak's Phra Khanong refinery, which came on line in mid-May with a 1mn litre/d (277,400t/yr) production capacity. The plant consumes used cooking oil (UCO) as its primary feedstock, and its production and supply system are certified under internationally-recognised International Sustainability and Carbon Certification (ISCC) Corsia and ISCC EU standards, Bangchak said on 16 July.

The SAF was supplied via the pipeline system operated by Bangkok Fuel Pipeline and Logistics (BPT) to Thailand's Suvarnabhumi Airport. It was then delivered to the aviation fuel depot operated by Bangkok Aviation Fuel Services Public Company Limited (BAFS) at the airport, before entering the aircraft refuelling system under the same standards applied to conventional aviation fuel.

Bangchak declined to reveal publicly the volumes supplied and the pricing basis which the deal was concluded against.

Its refinery had previously shipped out its first SAF cargo in May to a term buyer in Europe, sold on an Argus-linked formula price.

Around 9,500t of was SAF exported from Thailand in June, and possibly 10,000t in July, vessel-tracking data from Kpler show. No hydrotreated vegetable oil (HVO) exports have been recorded yet, as Thailand currently restricts HVO exports from the country.

Thailand has a voluntary target of 0.5-1pc SAF usage on international routes this year, to rise in stages to 8pc in 2036.

By Sarah Giam

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26/07/16

Brazil soybean oil exports may exceed forecasts

Brazil soybean oil exports may exceed forecasts

Sao Paulo, 16 July (Argus) — Brazil's soybean oil exports may surpass projections made at the beginning of 2026, driven higher by rising international demand, a trend likely to bolster prices and inflate biodiesel production costs. Soybean oil shipments could total 2mn metric tonnes (t) in 2026, according to grain processing companies. That's above the 1.6mn t projection from Brazil's association of vegetable oil industries Abiove at the beginning of the year. Soybean oil dispatches in the first half of the year totaled 1mn t, according to data from trade ministry Mdic. Even with the prospect of higher than expected exports, the supply of soybean oil in Brazil's domestic market is expected to remain sufficient to meet requirements of its biodiesel and food sectors. But increased competition for the product is likely to reduce its availability and drive up prices. Soybean oil's profitability is fueling interest in exports. For vertically integrated companies — those that operate across different stages of the supply chain, from feedstock production to fuel manufacturing — it has been more advantageous to sell the oil on the international market than to use it for biodiesel production. Argus indicators highlight the price disparity. Last week, soybean oil traded, on average, at R5,958 ($1,170)/t at the port of Paranagua, while the average price of biodiesel contracts in the Parana–Santa Catarina region stood at R5,628/t. The same trend took place in Mato Grosso state, where soybean oil averaged R5,725/t, compared with biodiesel contracts of R5,405/t in the state's north and R5,551/t in the south. Soybean crushers are also struggling to negotiate soybean oil prices with biodiesel producers that are not vertically integrated or lack the capacity to fully meet their demand for the input. According to the sector, these plants are pushing for lower prices in their counter offers to purchase soybean oil, given the narrower margins on their bi-monthly biofuel supply contracts. Despite biodiesel plants' resistance to higher soybean oil prices, the sector remains the largest market for crushers. In 2025, approximately 6.7mn t — around 56pc of national soybean oil production — were used for biodiesel production, according to Argus estimates. Exports, meanwhile, totaled 1.3mn t during the same period, accounting for nearly 11pc of production, according to data from Abiove. International demand The increased international demand for Brazilian soybean oil comes amid a rise in the mandatory biodiesel blending in diesel in Indonesia and Malaysia, putting Brazil on the radar of vegetable oil buyers. In Indonesia, the biofuel blend in fossil fuel has increased to 50pc from 40pc, a measure likely to boost domestic palm oil consumption and reduce the product's supply on the international market. The increase in the blending mandate comes as Indonesian palm oil production is expected to begin a downward trend. Among the main challenges are aging trees, an insufficient replanting rate and declining yields. Malaysia, another major palm oil producer, is also considering raising the mandatory biodiesel blend in diesel to 50pc. The country is working toward the goal of gradually increasing the share of biofuel to 30pc by 2030 in land transportation. The mandatory blend now sits at 10pc nationwide, but some regions have already adopted a 20pc blend. By Natalia Dalle Cort Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Nippon Paper launches Australian ACCU project

26/07/16
26/07/16

Nippon Paper launches Australian ACCU project

Singapore, 16 July (Argus) — Japan's Nippon Paper Industries, through its wholly owned subsidiary Nippon Paper Resources Australia (NPR), has launched a carbon credit generation project in Australia's Green Triangle region of western Victoria, the company said on 15 July. NPR received approval from Australia's Clean Energy Regulator (CER) in 2026 to register the carbon project that will generate Australian Carbon Credit Units (ACCUs) from new radiata pine plantations established on land previously used for hardwood forestry. Credit issuance is expected to begin from 2027 under Australia's federal carbon credit scheme. NPR said it will gradually convert existing hardwood plantations to softwood from 2026, with the first phase covering around 1,500 hectares by 2028. The company also plans to use experience gained during the first phase of development to assess a larger second phase that could expand plantation and carbon project areas to around 10,000 hectares. ACCU spot prices were broadly flat compared with the start of the week, assessed at A$37.95/t of CO2 equivalent (CO2e) ($27/t CO2e) on 15 July, after briefly rising to a weekly high of A$38.05/t CO2e on 14 July. By Lawrence Wen Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Australia to create AI regulator, mandate new power

26/07/15
26/07/15

Australia to create AI regulator, mandate new power

Sydney, 15 July (Argus) — A new Australian Office of Artificial Intelligence (AI) will be created to manage the boom in investment and associated demand for electricity and water resources, the federal government said, with developers expected to contribute to new power generation. The AI Office will support the growth of an industry in Australia's national interest, prime minister Anthony Albanese said on 15 July, with AI standards designed to regulate impacts on energy, copyright, productivity, education and labour rights. Australia will set rules for large data centres, including where they are built and how they use energy and water, with a legal obligation for developers to underwrite new electricity supply so that increased costs are not passed on to existing consumers, Albanese said. To ensure this, Australia's federal government will need to work with the six states, which have differing approaches to energy policy. Queensland favours gas- and coal-fired generators , while other states are seeking to increase wind power capacity, including Victoria, which is eyeing offshore wind projects to replace its brown coal-fired power stations next decade . Canberra's approach will be considered at a national cabinet meeting of state, territory and federal leaders in August, with the standards expected to be legislated early next year, Albanese said. Regulation roll-out The AI Office plan comes after months of statements by ministers and industry suggesting that copyright concerns and impacts on water and power networks would require intervention, after years of a hands-off approach. The government's national AI plan, released in December, spelled out a loose framework of expectations for data centre developers, with Canberra promising in March that regulation would eventually be enacted. Environmental groups have criticized the speed of data centre development, with the Climate Council last month warning that expansion of data centres is outstripping the pace of renewable energy investment and risks undermining both Australia's climate targets and electricity prices. Data centres developers typically prefer proximity to users in the major capitals of Sydney and Melbourne. State and local authorities have reported community opposition due to the scale of some projects and competition for land use, with some data centre sites planned for future housing. The Australian Industry (Ai) Group welcomed the announcement and said Australia was poised to benefit from more than A$10 trillion ($7 trillion) in data centre investments by 2030, boosting demand for critical minerals for semiconductor-conductors, microchips and processors to supply the sector. But investment could flow elsewhere if over-regulation undermines Australia's competitiveness, productivity and comparative advantages, the Ai Group warned, calling on Canberra to also focus on developing AI-skilled workforce and lift collaboration between Australian businesses and scientific researchers. By Tom Major Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Ethanol off the table in Brazil-US tariff talks

26/07/13
26/07/13

Ethanol off the table in Brazil-US tariff talks

Sao Paulo, 13 July (Argus) — A lowering of Brazilian tariffs against ethanol is off the table in current US-Brazil trade negotiations, Brazil trade minister Marcio Elias Rosa said ahead of a 15 July deadline for a new set of US Section 301 tariffs against Brazil. Brazil charges a 18pc rate on ethanol imports, regardless of origin. Ethanol market access in Brazil is among concerns that could warrant the return of a 25pc tariff on Brazil goods to be decided by 15 July, the US Trade Representative's office (USTR) has said. The added tariff would bring the total US rate on Brazilian ethanol to 37.5pc, up from the baseline tariff of 2.5pc prior to US president Donald Trump's Liberation Day. US industry groups in last week's hearing urged USTR to go beyond just applying a 25pc tariff, arguing the government should also remove barriers for crediting US ethanol imports under the Renovabio program. But Brazilian president Luiz Inacio Lula da Silva Rosa does not want ethanol to be in the agenda this time around, nor does he want it to be discussed without sugar tariffs being addressed too, Rosa said. "It is unfortunate that some want a parity regime so that US ethanol can enter [Brazil] with ease," he told reporters. "Opening the market to US ethanol would put ethanol production in Brazil's northeast at risk in particular. We need to take a very careful approach to this industry, which has already been struggling with declining prices." Brazil exported around 50 b/d of ethanol to the US in January-May, according to US Department of Agriculture data. The US exported 11,420 b/d of ethanol to Brazil over the same period. The minister added that Brazilian sugar faces additional tariffs of up to almost 100pc in the US, adding that it is impossible to separate the discussions because they are all linked to the same production chain. The US barriers against Brazilian sugar were also mentioned by Brazil regional sugarcane and bioenergy association Unica as an "asymmetry in bilateral trade". Unica — one of the groups present in the USTR hearings last week — also said the current 18pc ethanol tariff is compatible with World Trade Organization rules, applied on a non-discriminatory basis to all countries that do not have a preferential agreement with Mercosur, the trade bloc of Brazil, Argentina, Uruguay and Paraguay. There is no bilateral agreement requiring Brazil to grant preferential tariff treatment to US ethanol, it argued. The decline in US ethanol exports to Brazil is primarily the result of structural market changes, namely the expansion of corn-based ethanol production in the country filling seasonal gaps, rather than tariff policy, Unica added. "Discussing tariffs among the two largest producers in the world doesn't seem like the best scenario," Andrea Verissimo, Brazilian corn ethanol association Unem's director of international affairs and communications, said in the 6 July USTR hearing. By Maria Lígia Barros and Denise Cathey Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Court challenge hangs over CARB market updates

26/07/13
26/07/13

Court challenge hangs over CARB market updates

Houston, 13 July (Argus) — California regulators want to implement new cap-and-invest rules on 1 September, but a lawsuit by an environmental justice group may complicate the rollout. The group Communities for a Better Environment (CBE) filed a lawsuit on 1 July that alleges that the California Air Resources Board (CARB) violated the California Environmental Quality Act (CEQA) by adopting the carbon market amendments based on an inadequate environmental impact assessment, particularly regarding a proposed industrial decarbonization incentive. The timeline for a legal resolution is uncertain. CBE filed a similar lawsuit in 2024 against the agency's Low Carbon Fuel Standard amendments that is still moving through the courts. Tick tock The wild card in the short term is how fast the courts would decide on CBE's request to stop CARB from implementing its regulations while the case moves forward, said Matthew Dobbins, a partner at law firm Vinson & Elkins and a member of its environment and natural resources team in Houston. "I don't know that the environmental group here would necessarily be able to show imminent and irreparable harm per se to get an injunction," Dobbins said. A pause in CARB's ability to implement the program changes would have ripple effects inside and outside California. Industrial participants covered by the program would get 137mn metric tonnes (t) of free carbon allowances over 2027-30 under the new regulations, but only 106mn t under the current regulations if an injunction is granted. Recipients include refiners, chemical manufacturers, cement producers and hydrogen makers. Additionally, a delay would prevent the introduction of a free allowance allocation benchmark for biofuel production in the state. It also would stall the development of CARB's new manufacturing decarbonization incentive. While the near-term effect on allowance supply would be limited, it could slow efforts to encourage carbon capture and storage projects tied to California's 2045 net-zero goal. The Western Climate Initiative, a joint carbon market between California and Quebec, is aiming for Washington state to join as soon as next year . But Washington needs California to complete its rulemaking, so it can adopt its own changes to ensure compatible programs. "At least in terms of the trial court we can get a sense fairly quickly which way the judge is going to lean," said Daniel Farber, the faculty director at the University of California, Berkeley Center for Law, Energy & the Environment. Splitting hairs The longer the case goes on without an injunction, the more immaterial CBE's arguments may become. "They sort of risk being in a situation where the lawsuit becomes increasingly irrelevant," Farber said, adding that a lengthy legal process could give CARB time to address any deficiencies while moving ahead with the program. This is not the first time California's cap-and-invest program has been drawn into a CEQA case. A San Francisco Superior Court judge in March 2011 directed CARB to halt implementation of the program until the agency addressed CEQA-related deficiencies with its climate change scoping plan. CARB appealed that ruling, which a state court of appeal overturned in 2012. But it is rare that a CEQA case brought before the court has no merit, according to Nico van Aelstyn, a partner in law firm Sheppard's real estate, energy, land-use and environmental practice. CBE could make a "fair argument" that by delivering the final environmental impact assessment (EIA) to board members on 26 May, there was insufficient time for consideration ahead of the vote days later, van Aelstyn said. But that does not mean CBE would ultimately prevail. Courts have historically given CARB deference on technical emissions matters. If a court requires CARB to redo its assessment, it could be at least six months before the agency is in a position to adopt new changes on a "better" final EIA, van Aelstyn said. CARB must first respond to CBE's petition before the judge can rule on a request to block implementation. By Denise Cathey Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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