Tweet In the Philippines, Universal Robina has started construction on its $35 million, 30 million liter ethanol facility in Manjuyod town in Negros Oriental that is expected to come online in March 2014. The facility will use blackstrap molasses as feedstock.
Tweet In the Philippines, SEAOIL Philippines Inc. is in talks to form a joint venture with sugarcane growers to build a factory to produce sugar, ethanol and electricity. The joint venture would provide sustainability for the sugarcane industry which will face tough competition from imports when the existing sugar tariff is reduced to five percent [...]
Tweet In the Philippines, Aboitiz Equity Ventures and U.K.-based Gazasia have formed a joint venture to build a liquid bio-methane facility to fuel vehicles. An article in the Manila Standard quotes Juan Alfonso, Aseagas Director, as saying, “We’re looking at several sites. We like to do big projects. Roughly about $30 million per plant.” Alfonso [...]
Tweet In the Philippines, the Gokongwei group plans to invest in a molasses-based ethanol plant as well as a $60 million 40MW bagasse co-gen facility at the Universal Robina Sugar Milling Corp. in Manjuyod, Negros Oriental. The company owns three other sugar mills.
Tweet In the Philippines, the lack of ethanol supply has boosted prices, and as a result, prices at the pump for E10 have risen by 12.5%. Imported ethanol prices have risen by $100 per cubic meter. The government is still weighing the repercussions on the local industry if the E10 policy is suspended.
Tweet In the Philippines, despite an E10 blending mandate, the department of energy has warned that there might be an ethanol supply deficit as soon as mid-February. Only 20% of local demand is supplied by local production, while the rest is supplied from imports. The DOE is looking into the possibility of suspending the E10 [...]
Tweet In the Philippines, the Asian Institute of Petroleum Studies is pushing for both bunker-fired and diesel-fired power plants to introduce coconut oil into their fuel streams to help reduce imports leading to economic efficiencies while reducing carbon emissions.
Tweet In the Philippines, Dubai-based Kampac Oil Middle East FSZO Inc., is negotiating plans to conduct a feasibility study to turn 308.8 acres (125 hectares) in Bataan into an industrial and energy hub. In 2011, Kampac Oil signed an agreement with the Bataan Freeport Authority to build super oil storage tank farm at the port. [...]
Tweet In the Philippines, the Ministry of Energy plans to promote energy security and cleaner fuels by requiring 30 percent of all public utility vehicles to run on alternative fuels by 2030. To reach its goal, the national biofuel blend will be increased to 20 percent by 2030, and the number of compressed natural gas [...]
Tweet In the Philippines, the Department of Agriculture has asked the Department of Energy to study raising the blending policy to B5 from B2 in light of high copra prices. The coconut industry has also requested a higher blend to help support coconut oil prices.