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Press Releases

Press Releases

24 August 2026

BBGI and BioVeritas Advance Collaboration on Renewable Feedstocks for Sustainable Aviation Fuel in Thailand

Bangkok, Thailand – August 24th, 2026 – BBGI Public Company Limited (“BBGI”) and BioVeritas, LLC (“BioVeritas”) are advancing their collaboration to evaluate the production of renewable feedstocks for low carbon fuels, such as Sustainable Aviation Fuel (SAF) in Thailand, leveraging the country’s renewable resources and established bio-based industry.

The collaboration, established under a Memorandum of Understanding (MOU) between the two companies, will jointly evaluate the technical and economic viability of converting locally available renewable materials into KEYtonesTM, BioVeritas’ renewable feedstock designed for use in the Hydrogenated Esters and Fatty Acids (HEFA) process for the production of SAF and other renewable fuels.

A ceremony in Bangkok, attended by senior executives from BBGI and BioVeritas, marked the collaboration and the companies’ shared interest in developing new pathways to create value from Thailand’s renewable resources.

Building New Pathways for Thailand’s Bioeconomy

Mr. Daechapon Lersuwanaroj, Chief Executive Officer and President of BBGI Public Company Limited, said: “Thailand has a strong foundation in agriculture, bio-based industries and renewable fuels. We see an opportunity to create greater value from the country’s renewable resources by combining our capabilities with innovative technologies.”

Timothy Cesarek, Executive Chairman of BioVeritas, said: "We are excited to deepen our collaboration with BBGI, a recognized leader in Thailand's renewable energy sector. Thailand's abundant biomass resources, combined with our proven BioVeritas ProcessTM, offer a new horizon for proven HEFA technology: expanding the feedstock slate available to producers and simplifying HEFA processing along the way. We look forward to working alongside BBGI to unlock the value of these renewable resources and contribute to Thailand's sustainable fuels ecosystem."

The collaboration brings together BBGI’s biofuel manufacturing experience and Thailand’s renewable resources with BioVeritas’ technology platform to explore value-creation opportunities and support the development of Thailand’s sustainable fuels ecosystem.

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