SCB funds 3.3 billion baht PPP Green Complex for Thailand’s First Integrated Palm Complex
In what it calls a move to continue supporting clean energy, Siam Commercial Bank has provided Bt3.3 billion in financial support to PPP Green Complex Co Ltd for investment in a palm complex.
Worth Bt4.8 billion in total, the project is billed as Thailand’s first and most advanced palm complex integrating all palm oil production processes, from pressing to refining, to obtain biodiesel and olein, and to be used for biomass power plants and biogas plants.
In a press release on Friday, the bank said the project would help support palm oil growers and the production of alternative energy to promote Thailand’s sustainability.
At the ceremony to celebrate the deal signing at SCB’s head office were Wasin Saiyawan (middle), head of multi-corporate and corporate segments of Siam Commercial Bank, Pitak Ratchakitprakarn (left), chairman of the board of directors and Patcharin Laparojkit (right), director of PPP Green Complex Co Ltd.
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