21 December 2011 07:06 [Source: ICIS news]
Sinopec Luoyang Company started blending ethanol into high-octane rated gasoline at the end of November, the source said.
The producer successfully achieved 3,000 tonnes of on-spec product, which were supplied to the domestic market this week, the source added.
The initial price of ethanol-blended gasoline in the domestic Chinese market has been settled at yuan (CNY) 7.80/litre ($1.23/litre) for December.
Ethanol-blended gasoline is a form of clean energy that comprises 10% ethanol and 90% gasoline.
($1 = CNY6.35)
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