Vietnam dramatically increases biofuels production targets

In Vietnam, the government issued a directive for the country to produce 250,000 tons of biofuels by 2015, increasing to 1.8 million tons by 2025, or 5 percent of the projected national fuel consumption. Petrosetco, a subsidiary of the state oil company Petrovietnam, is constructing a tapioca-based ethanol plant in partnership with Itochu, a Japanese company. The $100 million facility is expected to open in 2009.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Vietnam’s cassava exports soar as China ethanol feedstocks demand growns

In Vietnam, cassava chip exports are producing up to $800 million in income for producers, according to local reports, with half of the demand coming in the last four months of this year. Demand has s...

PetroVietnam advances on two 26 Mgy cassava ethanol projects

In Vietnam, PetroVietnam announced that it has signed contracts to construct two new 26 Mgy cassava ethanol plants in Quang Ngai and Binh Phuoc provinces. PetroVietnam Central Biofuels Joint Stock wil...

Biofuels now available in Vietnam with launch of E5, E10 trial in Hanoi

In Vietnam, biofuels have been made available for the first time with the trial marketing of E5 and E10 blends at two stations in Hanoi. The fuel is marketed at a 3 percent savings over conventional g...

Agresti Vietnam to deploy gravity pressure vessel technology for low-cost ethanol from landfill waste

In Vietnam, Agresti Biofuel presented to more than 750 scientists, engineers, national and municipal governmental agencies on the issue of new waste treatment technology and alternative landfill solut...

23 Mgy cassava, sugarcane ethanol plant in Vietnam commences production

In Vietnam, the Dong Xahn company has commenced ethanol production at its 23 Mgy ethanol plant in Quang Nam. The plant reported that it produced a first batch of 500,000 gallons from a combination of ...

Pantech to open 5 Mgy ethanol plant in Vietnam

In Vietnam, Pantech Group Holdings said that they would establish their first international ethanol plant in a joint venture with Petroleum Technical Services. Following an investment of up to $4 mill...