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          BIZCHINA> Reports

          


          

          
          		

          

          


          

          


          

          



          

          


 

          


          


 

          


          

          


 

          



          COFCO buys sixth ethanol base
          


          By Tu Lei (chinadaily.com.cn)
          
 Updated: 2006-12-04 14:21
          



 

          

          

          


          

          
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          Related readings:
          
                     COFCO to invest US$1b in ethanol
          
 COFCO likely to sell 8 beverage plants
          
 Liaoning vehicles to switch to ethanol gas in October
          
          		

          

          
          		

          

          


          China National Cereals, Oils and Foodstuffs Corporation (COFCO), the country's main fuel ethanol producer, bought a 20.74 percent stake of Fengyuan Biochemistry Company in November.
          


          The Fengyuan project, with a 440,000-ton-per-year production capacity, is COFCO's sixth ethanol base. COFCO now has 1.25 million tons of ethanol production capacity , said sources.
          


          COFCO bought an ethanol plant in Northeast China's Heilongjiang Province and a 20 percent stake in another plant in Northeast China's Jilin Province. There are three projects that are under construction. It is expected that COFCO's ethanol production capacity will breach two million tons.
          


          ......
          


          The full text is available in the December Issue ofChina Energy.
          


          

          (For more biz stories, please visit Industries)
          

          

          

 



 



          


          


 

          

          

          


          

          


 

          


          


 

          


          


 

          


          


          


 

          

          

          
          		

          

          








           
          


           
          



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