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| UK Bronzeoak to build bio-ethanol plant |
| 23-APR-2008 Intellasia | Saigon Giai Phong |
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| 23 Apr, 2008 - 7:01:00 AM |
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Quang Ngai province's Dung Quat Economic Zone's management board reported approving Petrosetco and the UK Bronzeoak Co to build the bio-ethanol factory on an area of 50 hectares with a total cost of 2.2 trillion dong in the zone.
The factory has a designed capacity of 150 million litres of ethanol a year.
In related news, Can Tho oil refinery with a total estimated capital of US$369 million and the capacity of two million tonnes of crude oil a year under the cooperation of HCM City's Far East Investment and Trading JSC and China National Overseas Engineering Corp will be built on a site of 300 hectares in Can Tho City's Hung Phu II Industrial Zone. The project is expected to be put into operation by 2013.
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