Two South Korean firms, Eco Solutions and Enviro Plasma, are planning to invest up to USD475 million in renewable energy projects in the Philippines, Dow Jones reports. Eco Solutions is interested in building a jatropha-based bio-diesel plant while Enviro Plasma is keen on an ethanol refinery using sugarcane as a feedstock.
Enviro Plasma is interested in a 500,000-liter refinery, which could cost up to $300 million, in Tarlac province in northern Philippines, said the president of the Philippine Agriculture and Development Corp.
Enviro Plasma will provide 70% of the project cost while its local partner Central Luzon Bioenergy Corp will contribute the remaining 30%. Eco Solutions is considering a bio-diesel processing plant with a daily capacity of 100,000 litres. The project, to be located in General Santos City in southern Philippines, will require an investment of $175 million. (26 May 2009)
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- Philippines - April coconut oil exports fall 72.6 pct
- Brazil - Glencore to manage financially-troubled A...
- Philippines – $475 mln renewable energy projects
- Brazil- Interest from Turkey in biofuels
- US – Bio-diesel plant back at work
- World – Clean energy investment to create jobs
- EU – Largest renewable diesel plant in Rotterdam
- China – Algae bio-fuels commercialization
- Philippines – Bio-fuel investments
- World – Airlines need more time to go green
- In Search of the Perfect Biofuel -- and Financing ...
- Malaysia: No Plan To Reduce B5 Mandate - Bernama
- No brainer of the day: Making biodiesel at home is...
- Palm Oil Based Biofuel Dilemma
- Japan- Mitsubishi boosts renewable business
- Brazil-Help for family farmers
- Canada- Funding for clean energy
- Europe- Worries over sustainability issues
- US- Bid to ban ILUC defeated in committee
- Brazil – Petrobras aims to be global bio-fuels player
- Australia- “1st integrated soybean processing and ...
- EU – Duties on US bio-diesel likely to be extended
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