$30 million Phillipine cassava ethanol plant announced; continues cassava trand in Asia, Africa

In the Philippines, a US$30 million cassava ethanol plant has been announced. The plant, financed jointly by the Filipino oil company Eastern Petroleum and Guanxi Estates of China, will commence construction in Mindanao in late 2008, and will use cassava from a 4200 hectare plantation in Saranggani province.

Cassava has gained traction as a biofuel feedstock in Asia this year. The Wall Street Journal published a round-up of Asian biofuel development, which said that more than half of announced ethanol  projects utilize cassava as a feedstock and those account for at least 700 Mgy in capacity.

Cassava will also be used as a feedstock for projects in Swaziland, Ghana and Mozambique, according to recent reports

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