KNM is a very big company .. how much their ethanol business can impact group profit?.. unike Hexza.. their ethanol now become major contribute direct profit.
KNM's Impress Ethanol set to soar as ethanol is the main ingredient for Hand Sanitiser- Another Covid 19 beneficiary. -------------------------------------------------------------------------------- KNM's Impress Ethanol Co., Ltd. (Impress Ethanol) is based in Bangkok, Thailand and operates a fully integrated ethanol production plant located in Chachaengsao province, Thailand. We manufacture and supply Biofuel Ethanol, 95% to 99% Denatured Ethanol and Industrial Ethanol from Green Feedstock using Cassava. Our capacity currently is at 400,000 litres per day ( 1.2 m litres per month ).
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.
Dkk08 Ethanol can be used in medical alcohol....in fact it is recommended prescription of hand sanitizer must contain at least 60 percent ethanol, also known as ethyl alcohol.
Hi Sardin, I understand that there are volume commitment to Chevron for the ethanol produced. Is this the main reason holding back KNM from announcing their capacity/capability? In fact, their plant was built to enable switching between producing ethanol for blending and medical use easily. I'm guessing that the plunge in ethanol price in April was only partly mitigated by the surge in demand and price for medical ethanol in late May. This is why KNM was very silent in this matter. I am therefor very optimistic about the upcoming QR especially with their second plant that should be at full utilisation.
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Hotstuff
3,291 posts
Posted by Hotstuff > 2020-08-06 21:55 |
Post removed.Why?