Dung Quat plant exports biofuel to Philippines
The PetroVietnam Central Biofuels Joint Stock Company (PCB) shipped
4,300 cu.m. of ethanol products from Dung Quat Oil Refinery in the
central province of Quang Ngai to the Philippines on June 26.
The PetroVietnam Central Biofuels Joint Stock Company (PCB) shipped
4,300 cu.m. of ethanol products from Dung Quat Oil Refinery in the
central province of Quang Ngai to the Philippines on June 26.
The PCB plant was completed in March, 2012 and uses raw sliced cassava to produce ethanol.
Its output is 100,000 cu.m. a year, of which 5,000 cu.m., or 5 percent, is for the domestic market, while 95 percent is exported to markets overseas, mainly the Philippines .
Ethanol is used to produce the biofuel E5, which is used in internal combustion engines such as motorcycles and cars.-VNA
The PCB plant was completed in March, 2012 and uses raw sliced cassava to produce ethanol.
Its output is 100,000 cu.m. a year, of which 5,000 cu.m., or 5 percent, is for the domestic market, while 95 percent is exported to markets overseas, mainly the Philippines .
Ethanol is used to produce the biofuel E5, which is used in internal combustion engines such as motorcycles and cars.-VNA
You should also see
PM urges village elders, citizens to help preserve cultural heritage
Prime Minister Pham Minh Chinh has asked village elders and chiefs, skilled artisans and reputable citizens to make greater efforts to preserve and promote tangible and intangible cultural heritage, which is the quintessence and core value of the nation.
See more
Business
InfographicADB maintains 2024 economic growth forecast for Vietnam
In its April 2024 Asian Development Outlook (ADO) report, the Asian Development Bank (ADB) has maintained its earlier forecast for Vietnam’s economic growth this year, despite ongoing uncertainties from the external environment. Vietnam’s economy is expected to achieve a growth rate of 6.0% in 2024 and 6.2% in 2025.
Business
Vietnam treasures multifaceted cooperation with Côte d'Ivoire: Deputy FM
Vietnam always attaches importance to and wishes to bolster multifaceted cooperation with Côte d'Ivoire – its traditional friendship partner in Africa, Deputy Minister of Foreign Affairs Nguyen Minh Hang has said.
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
