The board of Somo Thong Group Public Company Limited, or SMO, has approved investment in two major projects worth nearly 199 million baht. They include construction of a crude palm kernel oil, or CPKO, plant with capacity of 300 tonnes per day, with a maximum investment of 130 million baht, at the palm oil factory in Phanom, Surat Thani province, to extend the downstream business from dried palm kernels. The other is installation of a wastewater evaporator with capacity of 400 cubic metres per day, with a maximum value of 68.91 million baht, under an ESG concept to recycle water for reuse and reduce methane emissions, which are about 25 to 28 times more potent than carbon dioxide.
Smothong Group Public Company LimitedBoard approves investment in two projects worth nearly 199 million baht, expanding downstream business and ESG initiatives.
