Global Bioenergy Industry News
Philippines to Supply US with Biofuel
Abundant Biofuels Corp is expected to export about 30 million gallons of the oil to the US as a feedstock for biodiesel.
According to a report in the Manila Standard Today Abundant Biofuels has secured a deal with JatrophaBioJet Corp., to supply five million barrels of jatropha oil a year for 10 years.
Abundant’s Philippine subsidiary formed a partnership in 2007 with the Supreme Council of Datus Alimaong, which represents holders of ancestral land in Northern Mindanao.
Some 60,000 hectares were initially identified as plantation sites, and those are to be expanded over three years to cover 260,000 hectares, the report says.
Abundant Biofuels also grows jatropha in Peru, Indonesia and the Dominican Republic, where three million acres are devoted to the plant.
TheBioenergySite News Desk
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