Mass production of biodiesel to start soon
Mass production of biodiesel to start soon: "Mass production of biodiesel from waste cooking oil will start this month in Ho Chi Minh City with an initial investment of around VND 9.69 billion (US $605,000).
The biodiesel production project is the first activity of Ho Chi Minh City's Waste Recycle Fund, said representative of the municipal People's Committee Huynh Thi Thu Ha.
The Saigon Petroleum Company (Saigon Petro) invested VND 8.1 billion in the project, and it expects to recover all its investment after three years. The remainder will come in loans from the State budget.
Under the project, a production system capable of turning out two tonnes of biodiesel per day from 4 to 5 tonnes of waste cooking oil will be installed at a cost of around VND 660 million in the Phu Xuong Company in Thu Duc district. The biodiesel will then be mixed with conventional diesel at a ratio of 20 to 80 to be sold in the market at a cheaper price.
Dr Nguyen Huu Luong and his colleagues from the Ho Chi Minh City Research Centre for Petrochemical and Refinery Technology, who have successfully produced biodiesel from waste cooking oil on their experiment, said that his group has reached an agreement with Saigon Petro in distributing biodiesel products to the market. "
The biodiesel production project is the first activity of Ho Chi Minh City's Waste Recycle Fund, said representative of the municipal People's Committee Huynh Thi Thu Ha.
The Saigon Petroleum Company (Saigon Petro) invested VND 8.1 billion in the project, and it expects to recover all its investment after three years. The remainder will come in loans from the State budget.
Under the project, a production system capable of turning out two tonnes of biodiesel per day from 4 to 5 tonnes of waste cooking oil will be installed at a cost of around VND 660 million in the Phu Xuong Company in Thu Duc district. The biodiesel will then be mixed with conventional diesel at a ratio of 20 to 80 to be sold in the market at a cheaper price.
Dr Nguyen Huu Luong and his colleagues from the Ho Chi Minh City Research Centre for Petrochemical and Refinery Technology, who have successfully produced biodiesel from waste cooking oil on their experiment, said that his group has reached an agreement with Saigon Petro in distributing biodiesel products to the market. "
posted by Adrian Eyre at 3:43 PM
0 Comments:
Post a Comment
<< Home