Construction on new ethanol plant costs 117b dong

The Petroleum Machine Executing Joint Stock Co (PVC-ME) has lately signed a contract with PetroVietnam Construction Joint Stock Corp (HNX-listed PVX) to build the biological ethanol plant project in northern region with total investment capital of 117 billion dong.

Accordingly, PVC-ME will take responsibility for carrying out construction works on the major items in the project.

At the same time, PVC-ME officially introduced the new subsidiary of PVC-ME1 Mechanic Co Ltd with initial chartered capital of 20 billion dong. The company’s head office is located on Road D1, Zone C, Hoa Mac Industrial Zone, Duy Tien Dist, Ha Nam province.

Vietstock

Tags: ethanol plant

Posted by VBN on Jun 3 2010. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry