GGC launches partnership for credits from palm oilGlobal Green Chemicals Plc (GGC), the biochemical arm of PTT Global Chemical Plc, has partnered with Thaicom Plc and the Thailand Greenhouse Gas Management Organization (TGO) to launch a pilot smart palm oil farming project aimed at supporting Thailand's 2050 net-zero target. The three parties signed a memorandum of understanding for the initiative dubbed "Developing Carbon Credits from Sustainable Palm Oil Cultivation", which will explore how science and technology can be used to monitor plantations and measure carbon sequestration. The data should allow registration of carbon credits under Thailand's voluntary greenhouse gas reduction programme. He described the collaboration as a milestone in transforming Thailand's palm oil industry into a sustainable, low-carbon sector, while adding value to palm oil products. The initiative also builds on GGC's work with GIZ, Germany's international development agency, which supports sustainable palm oil production and procurement.

Source: Bangkok Post February 09, 2026 01:36 UTC