Last update: 23.12.2008
China: Fuel ethanol output reached 1.6 Mt in 2007
Source : businesswire.com
In 2007, China's fuel ethanol output reached 1.6 million tons, of which 80% used corn as raw materials. Based on the proportion 1:3.3, more than four million tons of corn was consumed. In 2008, China's fuel ethanol production capacity will increase rapidly, thanks to several fuel ethanol projects to be put into operation successively in the year. It is estimated that China's annual fuel ethanol output will reach five million tons in 2010 and utilization rate of ethanol gasoline will be more than 50%. Moreover, corn-based ethanol has stopped expanding production capacity, as government policies have clearly restricted the development of grain-based ethanol. Therefore, developing non-grain ethanol has become an inevitable trend.
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7 April 2008 |
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