(Biofuels International) South Korea’s TN Energy has entered into an agreement with Lao State Fuel to set up a joint venture (JV) to produce Power Gasoline-branded bioethanol fuel.
The JV, to be called Lao K-tech, will be established later this year and it will be located at Dongphosy village in Hadxaifong district, Vientiane, Laos.
In the first year, the companies will work together to survey areas for growing feedstock, namely cassava and sugarcane.
The partners are planning to grow 40% of their feedstock, while the rest will be bought from local farmers at the current market price.
…
Driving trials showed that the used car consumed 133l to cover a distance of 1,270km in Vientiane and used 46l to cover 663km from Vientiane to Pakxe.
Phoukhong added that the cars were checked using a computer system at the Kolao Group centre after using Power Gasoline.
“The results of the checks were satisfactory because the quality of the biogas matched the national standard,” he said. READ MORE