Posted on 12/28/2006 12:40:57 PM PST by Red Badger
24 December 2006
Philippine Star. Philippine company Bio-Energy NL Inc. plans to invest up to $300 million (roughly P15 billion) for an integrated coconut plantation and biodiesel plant in Northern Luzon in the Philippines.
The coconut plantation will occupy 500,000 hectares of land and the refinery will have a capacity of approximately 300 million liters (80 million gallons US) per year. Construction of the integrated coconut crushing/refinery plant will take about three years. Fruit bearing for the coconut plantation is expected within four years.
The Japan Bank for International Cooperation (JBIC) reportedly has agreed to fund the feasibility studyto be completed by August 2007and may fund the project. Output from the biodiesel processing plant will be exported to Japan.
The capacity of the new plant will serve a little over 10 percent of the five percent biodiesel demand of Japan (2.5 billion liters), the sources said.
The five percent annual demand for biodiesel for Tokyo metropolitan alone is estimated to reach 300 million to 400 million liters.
Japan will allow up to a 5% biodiesel blend (by mass, as opposed to volume in the US and Europe) beginning in March 2007.

Rest In Peace, old friend, your work is finished.......
If you want on or off the DIESEL "KNOCK" LIST just FReepmail me........
This is a fairly HIGH VOLUME ping list on some days......
Not shabby, thats about 1.5 million barrels of oil a year. I wonder when you drive with it it smells like Coppertone...
Probably smells like POPCORN, since all tho old popcorn machines in theaters used coconut oils........
There's going to be a glut of husks on the market.
It does actually. You can get pretty sick of the smell if you're around it all day.
This is nothing new, in WWII everyone used coconut oil, and even after sometimes. I tried this in a generator there 30 years ago.
Isn't Jute made from cocoanut husks?
They make lots of stuff.
We had a house girl that bought two equipped with leather straps that fit over her feet like rollerskates.She used them to polish the terazzo floors.
What is palm oil and what is it made from?
The fruit of the Oil Palm, another palm tree, common in Africa Indonesia and Malaysia. The fruit looks nothing like a coconut.
Similar in many ways to coconut oil and a substitute for it in many applications, like soap and cooking oil.
Yep, that was the old-time standard way to polish hardwood floors in the Philippines. I understand that the servants these days aren't so eager for the old fashioned methods any more, and would rather wipe the floors down with wax instead.
up goes the price of soap, then!
Still, nice to see the Philippines develop an export industry (Lord knows they need something to put money into the domestic economy besides expats sending it home!)
Palms of course! Have you never heard the phrase, "Grease my PALM!?.............
Most of Europe and especially France will not suffer........
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