In the Philippines, the Canadian firm Green Corp. announced that it will invest $25 million in an 8 Mgy coconut-based biodiesel operation, spread over 100 villages and 5,000 farming families. Each of the villages will be provided a small-scale biodiesel processor over a two-year period.
Free Subscription to the Daily Biofuels Digest e-newsletter
Related Stories
Three Spanish firms say they plan $425 million in Philippine biofuel investmentsThree Spanish firms have announced that they are planning investments in the Philippine biofuels industry.
Coromoto Comunicacion of Spain is considering the investment of $100 million in a jatropha...
Eight companies pledge more than $350 million towards Philippines biofuelsIn the Philippines, eight companies pledged more than $350 million towards biofuels production investment. The Philippines have a B1 and E5 mandate scheduled to go into effect in 2009, rising to B2 an...
South Bukidnon announces $92 million sugar ethanol investment in the PhilippinesIn the Philippines, South Bukidnon Bioenergy will invest $92 million in sugarcane ethanol and a10-megawatt co-generation plant from bagasse. The plant will be based in Bukidnon.
The power plant wil...
Bionor to invest $200 million in jatropha cultivation; picks the Philippines as siteBionor Transformacion plans to invest $200 million in a 247,000-acre jatropha plantation in the Philippines. AME Bioenergy will conduct feasibility studies, pick sites, install infrastructure, and org...
Two South Korean firms to invest $167 million in Philippine jatropha biodiesel and sugarcane ethanolThe Philippine Agricultural Development and Commercial Corporation, an arm of the Department of Agriculture,m announced two investment by South Korean firms in Philippine biofuels totaling $167 millio...
Philippines biofuels development aggressive, on scheduleIn the Philippines, President Macapagal-Arroyo's program to develop 2 million hectares for agribusiness and create 2 million jobs by 2010 is on schedule. The DA said that as of last August, 38,000 hec...