Bangchak Group CEO Chaiwat Kovavisarach and Muang Thai Life Assurance CEO Sara Lamsam shake hands at the Fry to Fly & No Refry partnership event.SD Perspectives : ESG & Business Strategy Media in Thailand Bangchak Group CEO Chaiwat Kovavisarach and Muang Thai Life Assurance CEO Sara Lamsam shake hands at the Fry to Fly & No Refry partnership event.SD Perspectives : ESG & Business Strategy Media in Thailand

Bangchak Group and Muang Thai Life Assurance Turning Used Cooking Oil into SAF

for a Sustainable Society, a Healthier Environment and Better Health

Bangkok,November 5,2026…Bangchak Group and Muang Thai Life Assurance Public Company Limited have joined forces under the 
“Fry to Fly & No Refry” initiative to encourage employees, businesses and organisations in Muang Thai Life Assurance’s network to properly store and collect used cooking oil (UCO). The collected oil will be supplied to Bangchak Group as feedstock for sustainable aviation fuel (SAF) production.

Chaiwat Kovavisarach, Group Chief Executive Officer and President of Bangchak Corporation Public Company Limited, and Sara Lamsam, Chief Executive Officer of Muang Thai Life Assurance Public Company Limited, joined forces on “Fry to Fly & No Refry”

To facilitate collection, Bangchak Group is supporting the installation of Ucollect Box, an automated used cooking oil purchasing and storage unit operated through an application. Participating businesses and organizations also receive certificates confirming that their UCO is being used to produce SAF.

Businesses and members of the public at Muang Thai Phatra Market and the Muang Thai Phatra building complex were invited to sell their used cooking oil and shown how to use Ucollect Box.