Eastern Petroleum Corp (EPC), a small oil player in the Philippines, announced that they will construct a 200,000 Liter/day Ethanol Distillery in the Province of Sarangani in Mindanao next year. Q1 of 2009 is when they are expecting the plant to be finished. The plant will be a joint venture program with some other partners.
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A Biofuels Conference entitled: “Biofuels Development in Southeast and East Asia: Policy Issues and Research Agenda,” will be held at the Renaissance Hotel in Makati on Oct 7-8, 2007. Global and regional insights in biofuels development and country papers on the prospects of national biofuels initiatives will be presented by invited resource speakers.
The purpose of the conference according to the organizers are:
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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.
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The Department of Energy(DOE) contested Sen. Migs “Mr. Biofuels” Zubiri’s claim that they weren’t doing enough to attract investors to the Philippines to setup biofuel processing plants.
DOE Sec. Angelo Reyes said that there are already about P12 B worth of projects lined up that will produce 240 million liters annually in support of the 223 million liters/year demand of a 5% bioethanol mixture in petrol by 2009 as mandated by the Philippine Biofuels Bill.
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