Bronzeoak Philippines, a subsidiary of Bronzeoak Ltd of the UK, announced that they were building two power plants to power their bioethanol distillery in the Bukidnon and Tarlac. Both projects are expected to cost about $100 Million and will deliver 15MW of power each. They will work in tandem with a 40 million li/year ethanol processing plant.
The power plants would be specifically located at Kibawe, South Bukidnon and in Capas, Tarlac. Construction is expected to begin by the middle of 2010.
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The Department of Energy (DOE) announced that the biofuel law will push through despite questions raised by oil companies with regards to bioethanol being corrosive to gasoline vehicles.
Petron CEO, Ramon S. Ang, urged the government to come up with clearer specifications for the bioethanol being blended with gasoline at the pumps. 


