Industrial-scale chemical recycling in Thailand · Bo Win commissioning targeted Q2 2029

PET recycling is mature. Much of Thailand’s LDPE, HDPE and PP remains unrecycled. VAO plans to turn these plastics into circular refinery feedstock using world-leading technology.

The chemistry to catch up.

ASEAN generates millions of tons of polyolefin waste every year. Most of it gets burnt, buried, or washed into the ocean because mechanical recycling can’t process it. We are developing chemical pyrolysis capacity that can convert plastic waste into circular refinery feedstock. Phase one is expected to commission in Q2 2029 at Bo Win, Chonburi.

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The Problem

Open burning of plastic waste at a landfill on the Bangkok periphery
Burnt at the edge.Open burns at the perimeter of legal landfills release dioxins and microplastics into the air the city breathes.Bangkok periphery.
Plastic waste along a tidal shoreline near a small fishing boat
Washed into the sea.Mismanaged waste in coastal villages flushes into the Gulf with the tide. The nearest beaches absorb it.Gulf of Thailand.
Mixed plastic waste at a landfill with an earthmoving machine and industry beyond
Buried out of sight.Mixed plastic ends up in unlined landfills next to the very industrial estates that could be reusing it.Chonburi province.
Illustrative image of recovered plastic bales at a recycling logistics yard
Building Thailand's feedstock independence.Locally sourced plastic waste can become circular refinery feedstock, helping reduce reliance on imported fossil-based feedstocks.Local plastic supply. Illustrative image.

Our process

Plastic in. High quality ISCC-Plus Pyrolysis out. This planned chemical pyrolysis line using world-leading technology at Bo Win, Chonburi is designed to convert mixed-polyolefin feedstock into circular refinery feedstock.

01

Collect

Plastic waste is pre-treated by our partners before being baled and delivered to our site.

02

Sort

Polyolefin-only stream isolated. PE and PP separated from PVC, PET, and inorganic contaminants before any thermal step.

03

Shred

Bulk plastic mechanically reduced to uniform flake. Consistent particle size keeps downstream conditioning predictable.

04

Wash

Residue, fines, and adhered organics removed. Feedstock dried and stabilised for entry into the reactor.

05

Chemical Pyrolysis

World-leading thermal cracking technology. Long-chain polymers broken back into hydrocarbon liquid in an oxygen-free environment.

06

Offtake

The planned process will produce pyrolysis oil for testing and potential use as circular refinery feedstock.

01 / 06

Built to repeat.

From our Samut Prakan pilot to the planned 90 kta facility in Bo Win, Chonburi, VAO is also exploring opportunities to develop a further 90 kta of capacity in Thailand, bringing the potential total to 180 kta of annual waste-plastic processing capacity.

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Team

Our core team.

  • Portrait of Avinash (Ashwin) Chugani
    Managing DirectorAvinash (Ashwin) Chugani
  • Portrait of Rajchanee Chanawatr
    Independent DirectorRajchanee Chanawatr
  • Portrait of David Zelinski
    Owner's EngineerDavid Zelinski
  • Portrait of Martyn Tickner
    Special AdvisorMartyn Tickner
Timeline

From pilot to scale.

  1. 2014Founded
  2. 2019Pilot plant commissioned
  3. 2021Pilot plant sold to European investor
  4. 2022USTDA grant awarded · feasibility study
  5. 2025FEED study completed with IFC + AEPW support
  6. 2027Targeted Final Investment Decision
  7. 2029 Q2Targeted commissioning · Bo Win
Impact
~1.8 ktCO₂e annual reduction versus assessed baseline.
  • ~5% below baseline · >50 ktCO₂e over project life

Source: ERM GHG emissions assessment summarized in VAO Energy’s September 2026 presentation. Estimates are subject to the study assumptions.

Phase 1 · Bo Win, Chonburi

Bo Win. Planned commissioning Q2 2029.

  • 56,000 sqm at Bo Win Industrial Estate.
  • Line 1 at 30 kta, scaling to 90 kta.
  • Site secured; further expansion planned in Thailand.

Project in development

VAO Energy and ExxonMobil representatives visiting the Bo Win project area