GGC partners with CPAXT to study collection of used cooking oil for high-value products

M&A · Partnership
โดย Kaohoon·TH·Read original
Summary · why it matters

Global Green Chemicals Public Company Limited (GGC) and CP Axtra Public Company Limited (CPAXT) have signed a memorandum of understanding for strategic cooperation to study the feasibility of collecting and managing used cooking oil (UCO), with the goal of improving the quality of used oil and developing it into value-added products under the concept of turning waste into opportunity, while supporting the transition to a low-carbon economy. This cooperation aims to apply the circular economy concept to reduce waste and increase the value of raw materials. Witnesses to the signing included Mr. Adisak Chusuk, Deputy Director-General of the Department of Alternative Energy Development and Efficiency; Mr. Phakphong Wangrattanasophon, Chief Operating Officer of the Basic and Intermediate Chemicals Business Group of GC; and Lieutenant General Thitawat Sathienthip, Director of GGC, at the Lotus headquarters.

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Synthetic Biology (non-pharma) · 1 stocks
Consumer Staples · 1 stocks
CP Axtra Public Company Limited
CPAXT
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CPAXT signs MOU with GGC to collect and manage used cooking oil, creating a new value-added business channel from its waste oil.

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