Roxas to produce 3 million liters of ethanol per month | Checkbiotech

Home | Contact Us | Partnership | Site Map

left shadow

Checkbiotech - for emerging fields of science

NEWSLETTERS SUBMIT CONTENT

Checkbiotech Home

Sign In | Register

bottom shadow


	View Edit Domain: BioEnergy Title: * Body: Roxol Bioenergy Inc., the biofuel unit of Roxas Holdings Inc., will produce three million liters of ethanol a month from its facility in La Carlota City, Negros Occidental in the first six months of the year, Energy Assistant Secretary Mario Marasigan said Thursday.<br /> <br /> Marasigan said the additional capacity would increase the country’s annual ethanol production to 70 million liters.<br /> <br /> “Roxol has committed to start operations in the first semester with production of 30 to 35 million liters annually,” Marasigan said. An official from Roxol confirmed that the plant would start commercial operations in March.<br /> <br /> Roxol signed an agreement with KBK Chem-Engineering Private Ltd. of India last year to build and activate its ethanol plant on a turnkey basis.<br /> <br /> It also reached an agreement with World Bank for the purchase of carbon credits from the operation of Roxol Bioenergy’s wastewater treatment facility and methane gas recovery system of the company’s ethanol plant in La Carlota.<br /> <br /> “The emission reduction purchase agreement will give Roxol’s income stream a boost of at least $3.2 million in the next four years,” Pedro Roxas, Roxol chairman, said earlier.<br /> <br /> The project will prevent the emission of at least 50,000 metric tons of carbon dioxide each year. Part of the revenue for the purchase of the emission reductions of about a dollar per metric ton of carbon dioxide reduced would be used to finance Roxol’s community development projects including health and educational services.<br /> <br /> Copyright ©2010 Manila Standard Today<br /> Captcha: Please Enter Code : * Time Zone: * Select the time zone Vocabularies Newsletter: Domain: Show summary in full view Input format Filtered HTML Web page addresses and e-mail addresses turn into links automatically. Lines and paragraphs break automatically. Full HTML Web page addresses and e-mail addresses turn into links automatically. Lines and paragraphs break automatically. news_filter Web page addresses and e-mail addresses turn into links automatically. More information about formatting options			Related Articles Mansfield, Noble merge ethanol marketing divisions RHI ethanol unit to sell carbon credits to WB Australian algae facility passes environmental permitting pr... Energy beet project gets funds, aims for advanced biofuel st... Novozymes explores seaweed-to-ethanol in India Grand opening ceremonies planned for 2 biodiesel facilities Former Birmingham BBC studio Gosta Green to become bioenergy... UGES to open biodiesel transload facility in New Jersey ICM, Inc. Continues to Offer Oil Extraction Alternatives ADM to close ND ethanol plant Top BioEnergy Articles

Home | Partnership | Contact Us | Site Map | News Site Map
© 2000-2012 Checkbiotech.org | Disclaimer