In the initial stage, the advantage is leaning towards distribution enterprises with available technical infrastructure such as Petrolimex and PV OIL, while production groups such as Binh Son Refining and Petrochemical Joint Stock Company and Quang Ngai Sugar Joint Stock Company are facing opportunities from the domestic ethanol supply chain. Currently, Binh Son Refining and Petrochemical Joint Stock Company is promoting the Project to Upgrade and Expand Dung Quat Oil Refinery.
This project will help the factory produce products that meet Euro 5 standards. At the same time, the Company and Petrovietnam have submitted to the Ministry of Industry and Trade a plan to produce E10 gasoline using ethanol from the Dung Quat Biofuel Plant. This plant is managed by the Central Petroleum Biofuel Joint Stock Company, in which Binh Son Refining and Petrochemical Joint Stock Company owns 65.5% of the charter capital. If the restructuring is successful, the Company will be able to be self-sufficient in both base gasoline and ethanol supplies.
As for Quang Ngai Sugar Joint Stock Company, the enterprise is currently implementing the An Khe Ethanol Factory Project in Gia Lai province, with a designed capacity of 200,000 liters/day. The project has a total investment of more than 1,740 billion VND, using molasses as raw material from the sugar factory, and is expected to be implemented from November 2025 to November 2027.
Source: https://quangngaitv.vn/co-hoi-cho-cac-nha-san-xuat-cua-quang-ngai-trong-chuoi-cung-ung-ethanol-6505812.html
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