Cambodia opens first ethanol plant
Cambodia opened its first ethanol factory to generate biofuel from cassava flour on Monday 17 November.
The plant has a capacity of 36,000 tonnes a year.
‘This factory will become the market place of cassava product for local farmers,’ Cambodia Prime Minister Hun Sen comments.
The project, with $40 million (€31.5 million) investment from MH Bio-energy Group of South Korea, has already opened two branches in Kampong Cham and Battambang provinces to purchase cassava from local farmers.
Industry, Mines and Energy Minister Suy Sem says that the ethanol will be exported, especially to the European market.
‘The factory has a plan to double its export volume during the next few years. It now needs about 100,000 tonnes of dry cassava flour each year,’ Suy Sem adds.
A ton of ethanol fuel presently sells at about $700 on the international market.
‘We focus on the foreign market because Cambodia has a small market for ethanol products and the vehicles here use petrol and diesel,’ Sar Peov, head of the administration unit of the factory, says.
Around 30,000 hectares of land were planted with cassava in 2005 in the kingdom, with a turnout of around 536,000 tonnes of flour.
The plant has a capacity of 36,000 tonnes a year.
‘This factory will become the market place of cassava product for local farmers,’ Cambodia Prime Minister Hun Sen comments.
The project, with $40 million (€31.5 million) investment from MH Bio-energy Group of South Korea, has already opened two branches in Kampong Cham and Battambang provinces to purchase cassava from local farmers.
Industry, Mines and Energy Minister Suy Sem says that the ethanol will be exported, especially to the European market.
‘The factory has a plan to double its export volume during the next few years. It now needs about 100,000 tonnes of dry cassava flour each year,’ Suy Sem adds.
A ton of ethanol fuel presently sells at about $700 on the international market.
‘We focus on the foreign market because Cambodia has a small market for ethanol products and the vehicles here use petrol and diesel,’ Sar Peov, head of the administration unit of the factory, says.
Around 30,000 hectares of land were planted with cassava in 2005 in the kingdom, with a turnout of around 536,000 tonnes of flour.
Loading ...
