Vietnam, RoK join hands to produce bio-diesel

A joint Vietnam-Korean bio-diesel production plant was inaugurated in Yeochu city, Kyeonggi province, the Republic of Korea (RoK) on March 23.

Addressing a function to celebrate the inauguration of the project–a joint effort between the Vietnam Institute of Industrial Chemistry (VIIC), the Hankyong University and the Korea International Cooperation Agency (KOICA)–VIIC Director, Mai Ngoc Chuc, said the project has helped open a new pathway for Vietnam’s energy market.

The plant, which has a capacity of 200 tonnes per year, will produce bio-diesel from waste oil, animal fat, palm and coconut oil, yielding a low-cost, environmentally-friendly product.

Under the deal, Vietnam will receive technology and production lines to build a bio-diesel plant with a projected capacity of 4,000 tonnes a year.

Tags: Vietnam ROK cooperation

Posted by VBN on Mar 24 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