Thai ethanol producers are now allowed to sell alcohol to hand sanitiser and cleaning agent manufacturers without seeking government permission.
The energy ministry announced the change as part of measures in response to the Covid-19 outbreak. Only a small number of plants previously could sell their product to companies outside the fuel industry, but the Thai government is seeking to reassure the public that enough ethanol is available for medical purposes.
The association of Thai sugar mills does not expect producers to significantly adjust the volume of ethanol they sell to the medical industry, currently around 2mn litres/d. But with Thai sales of ethanol-blended gasoline, or gasohol, down to around 4.1mn l/d from an average of 4.4mn l/d in the months before the coronavirus outbreak, plants are likely to have some surplus ethanol available should it be required.
There are also unconfirmed reports of plans to delay ending sales of lower ratio ethanol blended gasoline until September this year. The government initially intended to discontinue 91 octane E10 gasohol after 1 January 2018, a measure keenly anticipated by ethanol producers as it would lead to increased sales of higher ratio gasohol grades E20 and E85 and push up overall ethanol consumption. The energy ministry expected E20 sales to double following the rollback of E10.
But the cut-off was postponed until June 2020 among uncertainty as to whether current supply volumes can support the higher blends. To ensure plentiful supplies during the current coronavirus crisis, E10 may now still be available to consumers until September this year.
Thailand has no legal mandate for gasoline blending but relies on various consumer incentives to promote uptake. Its E20 and E85 compatible vehicles enjoy excise tax reductions and subsidies ensure gasohol sells at a discount at the pump, although the latter will gradually reduce until 2022 under the State Oil Fund Act. Thailand's 95 octane gasoline retailed at an average price of 24.65 baht/l ($0.76/l) on 15 April, while 91 octane E10 gasohol sold at Bt16.78/l and E20 gasohol at Bt15.24/l, according to data from the oil ministry.
Thailand currently has 26 plants producing around 6.3mn l/d of ethanol, of which 4.4mn l goes to fuel blending, according to the energy ministry.
Can i ask you what so great in making masks? Every where is masks and ventilors now. What kind of engineering is needed in making ventilators? Super complicated engineering? Maybe test kit need somekind of engineering. How much profit you can get from those things?
I exit totally on glove counters as I foresee big crash coming soon When it crash, it’ll be several days of limit down U can imagine how scary those people who kept chasing high on the glove counters
Ethanol, also called alcohol, ethyl alcohol and grain alcohol, is a clear, colorless liquid and the principle ingredient in alcoholic beverages like beer, wine or brandy. Because it can readily dissolve in water and other organic compounds, ethanol also is an ingredient in a range of products, from personal care and beauty products to paints and varnishes to fuel.
What is Ethanol?
Ethanol is a natural byproduct of plant fermentation and also can be produced through the hydration of ethylene. Share: Follow Us on: Facebook Twitter YouTube RSS Uses & Benefits Safety Information Answering Questions Uses & Benefits
Personal Care Products Ethanol is a common ingredient in many cosmetics and beauty products. It acts as an astringent to help clean skin, in lotions as a preservative and to help ensure that lotion ingredients do not separate, and in hairsprays to help the spray adhere to hair.
Because ethanol is effective in killing microorganisms like bacteria, fungi and viruses, it is a common ingredient in many hand sanitizers. The U.S. Centers for Disease Control and Prevention (CDC) recommends the use of hand sanitizers in situations where soap and water are not available.
Household Products Ethanol mixes easily with water and many organic compounds, and makes an effective solvent for use in paints, lacquers and varnish, as well as personal care and household cleaning products. As an additive to cleaning products, ethanol is also used as a preservative because it is effective in knocking out organisms that could pose a danger to consumers.
Food Additives As a food additive, ethanol can help evenly distribute food coloring, as well as enhance the flavor of food extracts. For example, vanilla extract, a common food flavoring, is made by curing and processing vanilla beans in a solution of ethanol and water. In the United States, the Food and Drug Administration (FDA) only allows vanilla to be called “extract” when it has an alcohol or ethanol base.
Fuel More than 97 percent of U.S. gasoline contains ethanol, typically in a mixture called E10, made up of 10 percent ethanol and 90 percent gasoline, to oxygenate the fuel and reduce air pollution. Ethanol has a higher octane number than gasoline, providing premium blending properties, according to the U.S. Department of Energy. Minimum octane number requirements prevent engine knocking and maintain drivability. Safety Information
But KNM is different, it’s at very safe price level and only about to rocket to above 0.50 and beyond If you can hold it for sometime, 3.00 by sardin is surely achievable
Gloves and anything related with covid is like a bubble going to burst soon... Once covid-19 vaccine out.. Covid related counters will riding down the hills.. Water flow kaw kaw... Dangerous...
Lee confirms the group will be looking, at the very least, at the same price — RM1.7 billion — that it paid for Borsig a decade ago. However, he believes the company is worth more than that for its good technology and strong brand value.
Can try hengyuan 4324 .Hengyuan now is better than other o n g company ,because that only focus on the refining . The profit depends on crack spread, when the crude oil price decrease ,the cost will decrease and increase the crack spread profit but demand will decrease and the sale of volume also decrease. When the crude oil price increase, crack spread will be narrow but the demand will increase, demand increase and the sales of volume will increase , so overall increase the profit. History will come back from Rm2 to RM19. Super undervalue. Can limit up due to only 300 millions share.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Godofgambler
5,307 posts
Posted by Godofgambler > 2020-06-01 17:30 | Report Abuse
Tomorrow see you at Dante Peak =)