PetroChina to boost biofuel production by 1.1 million tons by 2015
Of the 1.1 million tons of production capacity, PetroChina says ethanol will be its fuel of choice, with production of the grain-based fuel set at 933,000 tons a year. Meanwhile, annual biodiesel production will rise to 165,000 tons, says Fu Xingguo, deputy chief engineer of PetroChina's Petrochemical Research Institute.
The biofuel imports, likely from countries such as Brazil and the U.S., will be blended with gasoline and sold in southern Chinese provinces. PetroChina currently has limited biofuel production capacity.
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