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, which have a combined sugar milling capacity of 10 tons per day.
Philippines background
Basic Energy said last month that they 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.”
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