Dung Quat exports biofuel to Manila

PetroVietnam Central Biofuels Joint Stock Company (PCB) shipped 4,300cu.m of ethanol products from Dung Quat Oil Refinery in the central province of Quang Ngai to the Philippines this week.

The PCB plant was completed in March 2012 and uses raw sliced cassava to produce ethanol.

Its output is 100,000cu.m a year, of which 5,000cu.m, or 5 per cent, is for the domestic market, while 95 per cent is exported, mainly to the Philippines. Ethanol is used to produce the biofuel E5, which is used in internal combustion engines in motorcycles and cars.

vietnamnews

>   Vietnam Coffee Exports May Rise To 160,000 Tons This Month (29/06/2012)

>   Vietnam Rubber Exports May Rise 16% To 65,000 Tons This Month (29/06/2012)

>   Vietnam Rice Exports May Rise 12% To 750,000 Tons This Month (29/06/2012)

>   Vietnam’s Coffee Crop To Be At Least 25 Million Bags In 2011-12 (29/06/2012)

>   Gold deposit rates take nosedive (29/06/2012)

>   Rice loses its aura of security amid calls for diversification (29/06/2012)

>   Cries for help resounded throughout agricultural sectors (28/06/2012)

>   Gas traders seek to raise prices (28/06/2012)

>   Gold slumps sharply (27/06/2012)

>   State Bank to halt all gold lending (27/06/2012)