- Business
- Asia Biomass Public Company Limited, along with its affiliated entities, operates within the renewable energy sector, specializing in the sourcing and commercialization of biomass fuels both domestically in Thailand and across international markets. The company is actively involved in the production of processed wood chips and biomass pellets from various agricultural byproducts. Furthermore, it offers essential logistics and transportation solutions, supporting the distribution of its fuel products. Initially established in 1984 under the name Thai Joss Powder Industrial Co., Ltd., the organization transitioned to its current designation as Asia Biomass Public Company Limited and maintains its principal offices in Bangkok, Thailand. The company has recently expanded its operations, including the acquisition of a wood chip producer in 2023, and notably agreed to acquire a 24% stake in QTC Energy Public Company Limited in September 2024. Its diverse product portfolio, which includes palm kernel shells, wood pellets, and various wood chips, serves large industrial clients in sectors such as power generation, food and beverage, and automotive manufacturing, with significant export demand from countries like South Korea and Japan. Asia Biomass is recognized as a major player in Thailand's biomass fuel market, emphasizing sustainable practices and efficient supply chains.