Alsons Consolidated Resources Inc, a member of the Alcantara Group of Companies, has announced plans to construct two ethanol distilleries in the island of Mindanao in the Philippines and also possibly a biodiesel refinery.
The first facility will be put up in Cagayan De Oro and will have an initial capacity of 100,000 li/day. The second facility will be located in Sarangani province in Southern Mindanao.
The plant in CDO is expected to be finished in 2009. The biodiesel refinery will also have a capacity of 100,000li/day and is expected to be finished by 2011.
The Alcantara Group of Companies has a long history of running corporate Agricultural farms in Mindanao and undoubtedly will have no trouble running the accompanying feedstock farms for distillery and biorefinery.
This is great news for the Philippine Biofuel industry and Earth-Lovers in the Philippines. This could mean that the Philippines are safely on track to fulfill the requirements of the Philippine Biofuel Law which mandates mixing of biofuel in fuel sold at the pumps.
Add these projects to the list of biofuel companies in the Philippines. Yeah!
[source]
Category: Biodiesel, Bioethanol
