Green Gold Ray to open Philippines biodiesel refinery
Green Gold Ray Energies will open a jatropha biodiesel refinery in Nasipit Port, Agusan del Norte, the Philippines, in Q2 this year.
The plant will have a capacity of 180 million gallons of biodiesel a year.
The research and development team of Green Gold Ray Energies has designed a biodiesel processing and refining technology to fit jatropha oil market requirements. The plant is designed to produce biofuel based on the fast growth and cultivation period of jatropha.
The Philippines government's Biofuel Act of 2006 mandates the use of biofuel blends in diesel fuel. The Philippines will need 150 million litres of biodiesel a year, which is expected to increase over the next five years.
The plant will have a capacity of 180 million gallons of biodiesel a year.
The research and development team of Green Gold Ray Energies has designed a biodiesel processing and refining technology to fit jatropha oil market requirements. The plant is designed to produce biofuel based on the fast growth and cultivation period of jatropha.
The Philippines government's Biofuel Act of 2006 mandates the use of biofuel blends in diesel fuel. The Philippines will need 150 million litres of biodiesel a year, which is expected to increase over the next five years.
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