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Ethanol production in China will grow
It is probable that it will reach 10 million tons a year by 2020.
It is connected with dropping oil import of PRC.
Chinese government will provide it's support to the biofuel industry. Already the cost of making bioethanol is cheaper according to official help of the authorities.
Three companies: COFCO, Novozymes and China Petroleum & Chemical Corporation (Sinopec) have joined forces to produce cellulosic ethanol.
Chinese government will provide it's support to the biofuel industry. Already the cost of making bioethanol is cheaper according to official help of the authorities.
Three companies: COFCO, Novozymes and China Petroleum & Chemical Corporation (Sinopec) have joined forces to produce cellulosic ethanol.
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