09 February 2007 11:08 [Source: ICIS news]
SINGAPORE (ICIS news)--China’s State Forestry Administration is planning to develop 200m hectares of forest land by the end of 2010 to grow four biodiesel feedstocks, a senior official said on Friday.
The newly planted trees will provide feedstock to produce 6m tonnes of biodiesel and 15m KW (kilowatts) of electricity in its 11th five year plan (2006-2010), its bureau chief Jia Zhibang said.
The agency will focus on
In
Another biodiesel feedstock, cornus wilsoniana, will be planted on a 750,000 hectare area in
An area of 2m hectares will be used to develop a fourth feedstock, xanthoceras sorbifolia, in
Chinese energy major PetroChina will invest yuan (CNY) 5m ($645,000) in a joint project with the
In a January agreement with the agency, PetroChina said it will also develop land, first in
The firm will expand its ethanol capacity to over 2m tonnes/year, or more than 40% of the country’s output, using non-grain feedstock.
($1 = CNY7.75)
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