Charoen Pokphand Foods : Five Star Collaborates with BSGF to Transform Cooking Oil into Sustainable Aviation Fuel
November 26, 2023
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Five Star Collaborates with BSGF to Transform Cooking Oil into Sustainable Aviation Fuel
Five Star, a prominent franchise platform known for its grilled and fried chicken under Charoen Pokphand Foods Public Company Limited (CP Foods), has entered into a collaboration with BSGF Company Limited, a joint venture of the Bangchak Group. This partnership aims to convert used cooking oil from Five Star outlets into Sustainable Aviation Fuel (SAF). A pivotal element of the 'Fry and Fly' (Tod Mai Ting) project, the initiative targets engaging all 5,000 Five Star locations across Thailand by 2024. This move marks a significant step toward developing an environmentally sustainable franchise model.
Sunthorn Jaksukan, President of CPF Restaurant and Food Chain Co., Ltd., a division of CP Foods overseeing the Five Star Franchise, has announced the brand's involvement in the 'Fry and Fly' initiative in partnership with BSGF. The initiative aims to transform waste into value, starting with 139 outlets in Bangkok and its vicinity, and expanding to 5,000 branches by 2024. The collaboration will focus on producing SAF from recycled cooking oil, with BSGF managing the collection process from Five Star outlets nationwide.
Sunthorn highlighted, 'Boasting over 39 years of success in the franchise industry, Five Star has consistently spearheaded initiatives that promote entrepreneurship and bolster economic growth in Thailand. Currently, we are advancing our dedication to environmentally and socially conscious business practices by advocating for our franchisees to discontinue the reuse of frying oil. This collaboration with BSGF not only demonstrates Five Star's unwavering commitment to ecological innovation but also our focus on providing healthier food options to consumers, thereby steering us towards a more sustainable future.'
The 'Fry and Fly' project, initiated by Bangchak Group, addresses environmental concerns by preventing the improper disposal of used cooking oil and mitigating health risks associated with its reuse. The public and businesses are encouraged to sell their used cooking oil at designated Bangchak service stations and other collection points. This oil will then be processed into SAF jet fuel, in line with the BCG economic model (Bio-Circular-Green Economy), fostering a bio-economy, circular economy, and green economy.
CPF - Charoen Pokphand Foods pcl published this content on 27 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2023 08:45:34 UTC.
Charoen Pokphand Foods Public Company Limited is a Thailand-based company, which is engaged in the agro-industrial and integrated food businesses. The Company operates through two segments: livestock and aquaculture. The livestock business comprises of chicken, duck, and pigs. The aquaculture business segment comprises of shrimp and fish. The Company's integrated agro-industrial and food businesses includes animal feed production, animal breeding, animal farming, primary meat processing, food production and ready-to-eat food as well as meat and food retail outlets, all of which are conducted by placing importance on animal welfare and biosecurity system. The Company's products are divided into three categories, namely, animal feed, animal farm products such as animal breeder, live animal and primary processing meat, and processed foods and ready meals. Its other products include swine, broiler, layer, duck, and shrimp. The Companyâs products are distributed under the CP brand.
CHAROEN POKPHAND FOODS 
