PetroVietnam Biofuels to start up Phu Tho ethanol plant in late 2013

31 October 2012 08:23  [Source: ICIS news]

SINGAPORE (ICIS)--PetroVietnam Biofuels is planning to start up a 100,000 cubic metre (cbm)/year ethanol plant at Phu Tho in northern Vietnam in late 2013, a company source said on Wednesday.

“Commercial production at the plant, which will produce about 330cbm/day of anhydrous or fuel-grade ethanol, is expected to start in October next year,” the source added.

PetroVietnam Biofuels is a joint venture of state-owned PetroVietnam Oil Corp, a subsidiary of PetroVietnam, and several other shareholders, according to its company website.

Construction of the plant, with a Vietnam dong (D) 3,084bn ($148m) capita, began in 2009 and experienced multiple delays, the source said without elaborating further.

“The plant will use cassava as a feedstock,” the source said. The company website added that around 250,000 tonnes/year of cassava chips will be required to feed the plant for anhydrous ethanol production.

($1 = D20,816)

By: Andrea Heng
+65 6780 4359

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