Earth Biofuel and Perak State joint venture to build $400 million biofuels facility in Malaysia; includes biodiesel, biogas and wastewater plants

In Malaysia, Earth Biofuel (Asia) and the state of Perak announced a joint venture to construct a 200-acre, $400 million integrated biofuels facility. The facility will include a wastewater treatment plant, a biomass co-generation electricity Plant, a methane biogas power plant and a biodiesel plant. The promoters project creation of 30,000 jobs. Construction will begin in 2008.

The announcement continues a surge of biofuels activity in Southeast Asia. Last week,  Neste Oil announced a plan to construct the largest biodiesel plant in the world, in Singapore. The 430 Mgy plant would be completed by the end of 2010. The plant would use palm oil certified by the Roundtable on Sustainable Palm Oil (RSPO). Estimated project cost is $814 million.

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