Addressing afunction to celebrate the inauguration of the project--a joint effortbetween the Vietnam Institute of Industrial Chemistry (VIIC), the RoK’sHankyong University and the Korea International Cooperation Agency(KOICA)--VIIC Director Mai Ngoc Chuc said the project has helped open anew pathway for Vietnam’s energy market.
The plant, which has a capacity of 200 tonnes per year, will producebio-diesel from waste oil, animal fat, and palm and coconut oil,yielding a low-cost, environmentally-friendly product.
Under the deal, Vietnam will receive technology and production lines tobuild a bio-diesel plant with a projected capacity of 4,000 tonnes ayear./.