Basic Energy to construct 14 Mgy ethanol plant in the Philippines

In the Philippines, Basic Energy will construct a 14 Mgy multi-feedstock ethanol plant at an undisclosed location. Project cost is projected at $70 million, and a Taiwanese investor is said to be associated with the project. The plant is projected to come online by 20112, when the Philippines moves to an E10 mandate. The only other project in the Philippines under construction is the 12 Mgy San Carlos Bioenergy plant in Negros Occidental.

The executive director of the Philippines Sugar Millers Association said this month that the country would import 45 Mgy of ethanol in 2009. He added that the 10 percent ethanol mandate that takes effect in February 2009 will require 52 Mgy of ethanol blending, but that the country at this time has only one 7 Mgy plant in operation.

Meanwhile, senior Philippine legislator Roilo Golez called on President Arroyo to issue a moratorium on biofuel production, following China’s lead. Golez said that the diversion of food for fuel production “is bad policy in the face of the food crisis.”

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Basic Energy, Nexum Energy JV on 52 Mgy cassava ethanol plant in the Philippines

In the Philippines, Basic Energy of the Philippines announced a JV with Nexum Energy of Canada to construct and operate a 52 Mgy cassava-based ethanol plant in the Zamboanga Peninsula. The joint ventu...

Philippine’s Basic Energy signs with Germany’s MAN for 19 Mgy cassava ethanol project; MAN may invest

In the Philippines, Basic Energy announced an agreement with Germany's MAN Ferrostaal Industrieanlagen for renewable energy and fuel projects in the islands. MAN said that it may invest directly in Ba...

Chevron Philippines signs MOU to acquire up to 19 Mgy of ethanol from Basic Energy

In the Philippines, Chevron Philippines signed a memorandum of understanding Basic Energy for up to 19 Mgy of ethanol. Chevron would use the ethanol to meet the 5 percent ethanol blen ding mandate tha...

In the Philippines, Basic Energy to supply 19 Mgy of ethanol to Pilipinas Shell for blending

In the Philippines, Pilipinas Shell Petroleum and Basic Energy signed an agreement for Basic to supply Shell with 19 Mgy of ethanol for blending. Earlier this week, Basic Energy announced that it w...

Basic Energy to focus on cassava production; will ramp up ethanol production in time for Philippine E10 mandate in 2011

In the Philippines, Basic Energy said that it will raise up to $30 million in equity from investors and concentrate its activities on cassava cultivation, with a goal of commencing ethanol production ...

Filinvest to construct 9.6 Mgy sugarcane ethanol plant in the Philippines

In the Philippines, Filinvest Development said that it would construct a 9.6 Mgy sugarcane ethanol plant, expected to be co-located in Mindanao with Cotabato Sugar Central and Davao Sugar Central, whi...