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Article: China : China ethanol maker gets approval for cassava plant.
- Article from:
- TendersInfo
- Article date:
- November 5, 2008
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Byline: manish03
Hainan Yedao and partners have invested $51.5 million in facility that is expected to produce 33 million gallons a year. Hainan, China-based Hainan Yedao Group (SHA:600238) said it has received approval from experts who inspected its new 100,000-ton (33 million U.S. gallon) ethanol plant in Haikou, in the southern islands of China.
Hainan Yedao and partners have invested 350 million RMB ($51.5 million USD) in the plant, which plans to produce the fuel using cassava, a woody shrub that grows in the subtropical region of southern China.
Cassava is China s fifth-largest crop yield after rice, sweet potato, sugar cane, and maize. ...