China’s State Development & Investment Corp (SDIC) wants to become the country’s leading ethanol producer with plans to achieve annual output of 4 million to 5 million tonnes per year in three to five years, Reuters reported, citing company officials.
SDIC has already started construction of its first factory with a capacity of 300,000 tonnes in the northeastern province of Liaoning and intends to build five more plants and acquire some additional facilities, according to officials, who were speaking at a briefing.
China’s current ethanol production is below 2.5 million tonnes a year, Reuters said. In September, however, the country unveiled plans to introduce nationwide blending of ethanol with gasoline, which, according to the article, could boost ethanol demand to 15 million tonnes per year by the end of the decade.
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China’s SDIC targets ethanol production