Cambodia’s First Biofuel Plant to Reopen

by Santel on 07/15/2010

in News & Business

Post image for Cambodia’s First Biofuel Plant to Reopen

CAMBODIA – The sole biofuel production plant is set to reopen in October having closed earlier in the year because of high crop prices.

The plant will reopen at the start of the cassava harvest.

Accordinf to a report in the Phnom Penh Post the plant needs at least 10,000 tones of cassava a month to produce ethanol.

However, the plant was forced to shut down because production costs for the company were squeezed at both ends earlier this year by high domestic cassava prices coupled with a low final selling price on European markets.

The company has been contracting farmers to grow the crop to combat high prices by increasing supply and it hopes that prices will fall as farmers harvest the crop.

MH Bio-Energy Cambodia, located in Kandal province, opened in November 2008 with an initial investment of US$30 million.

TheBioenergySite News Desk

via Cambodia’s First Biofuel Plant to Reopen.

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{ 2 comments… read them below or add one }

Long BUN July 16, 2010 at 5:49 am

Lok Kru, thank you very much for collecting and sharing information related to energy and electricity in cambodia. I really appreciate your work, thanks.

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Santel July 16, 2010 at 7:50 pm

you’re welcome !

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