China’s Shandong Longlive gets nod on fuel ethanol project

16 May 2012 12:37  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shandong Longlive Bio-technology obtained approval on 14 May to establish a 50,000 tonne/year fuel ethanol project at Yucheng in Shandong province, the company said on Wednesday.

The yuan (CNY)166m project can produce 51,500 tonnes/year of fuel ethanol and 25,000 tonnes/year of carbon dioxide (liquids) by-product, according to a company statement to the Shenzhen Stock Exchange.

Longlive Bio-technology is planning to partner with Shandong High & New Technology Investing and Sinopec (Shandong) at 40:40:20 for the joint venture project, according to the statement.

The project will be based on its existing 50,000 tonne/year cellulosic ethanol plant that takes corn cob as feedstock. Fuel ethanol is produced by mixing cellulosic ethanol with oil and antiseptics, the statement said.

In China, producers of fuel ethanol can get government subsidies if they don’t take crops as feedstock and can only sell their outputs to selected companies for blending into ethanol gasoline.

By: Fanny Zhang
+65 6780 4359

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