Vietnam looks into why three state-funded ethanol plants were so disappointing

November 4, 2016 |

In Vietnam, the Government Inspectorate has looked into why three ethanol plants built with state resources of $242 million underperformed from their expected 100 million liter each nameplate capacity. One of the three plants, the first to begin construction in 2009, was halted in 2011 and was never completed. Investigators found that construction costs for the plant went $14.3 million over budget but that the extra costs weren’t justified. A laundry list of concerns and violations have been handed over to the Ministry of Public Security for further investigation.

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Category: Fuels

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