Philippines in cooperation agreement with India's Praj Industries to develop biofuel sector
The Philippine Department of Agriculture (DA) sealed an agreement with India-based bioenergy company Praj Industries to help develop the country's nascent biofuels industry. Under a Memorandum of Understanding both parties will team up for feedstock development and setting up biofuel production plants.
The biofuel sector will be promoted through the propagation of new farming technologies and investments in the planting of sweet sorghum, cassava and sugarcane to be used as feedstock and in the production of bioethanol and jatropha for biodiesel. Praj will provide assistance and extend its knowledge in identifying varieties of sweet sorghum and jatropha for cultivation trials.
Praj will also provide the design, engineering and supply the biofuel production plants to potential investors in the biofuel sector based on mutually agreed terms and conditions on a case-to-case basis.
For its part, the DA will identify land for feedstock development; encourage and assist farmers in cultivating sweet sorghum, sugarcane, cassava or jatropha; and help in attracting investments for commercial scale feedstock production and construction of biodiesel and bioethanol plants.
The Philippine government expects the ever-growing global demand for crops-based alternative clean fuels to energize Philippine farms, increase the profitability of small holders in the agriculture sector, and reduce the country's dependence on imported energy sources. Last January, President Arroyo signed into law Republic Act 9367 or the Biofuels Act, which aims to ease the country's imports on petroleum products, which are dollar-draining and pollution-generating.
The DA is now in the process of identifying for private sector investments more than 400,000 hectares of land to plant crops that would be used as feedstock and for biofuels production. Of these, about 90,000 hectares are located in the North Luzon Agribusiness Quadrangle; 10,000 hectares in Central Philippines; and 300,000 in Agribusiness Mindanao:
energy :: sustainability :: biomass :: bioenergy :: biofuels :: ethanol :: biodiesel :: sugarcane :: cassava :: jatropha :: sweet sorghum :: Philippines ::
The lands being processed so far already represent 78 per cent of the 600,000 hectares targeted for development this year. These lands would be planted to cassava, oil palm, coconut, sugarcane, jatropha, and other crops used as feedstock for projects that would be set up by private investors cashing in on the biofuels boom in the global market.
Investors are planning to set up plants in the Ilocos region, Cagayan Valley, Western Visayas, Zamboanga Peninsula, Northern and Central Mindanao, and the Davao region either through straight purchases, lease arrangements, contract growing or joint ventures.
In all these arrangements, farmers stand to earn more through profit sharing, guaranteed income packages or straight purchases of harvested crops, and benefit from new planting technologies that would create more jobs and boost production.
Praj is a publicly listed company in the Bombay Stock Exchange and the National Stock Exchange in India. It has provided distillery and brewery wastewater treatment and utilization solutions to over 35 countries worldwide. The company now has diversified its range of solutions such as in fermentation systems that include technology packages for multiple feedstock including cane-molasses, cane juice and filtrate, starch-based raw materials like corn, sorghum, wheat, tapioca, tropical sugar-beet, among others.
References:
Philippines News Agency: RP inks biofuels deal with India-based company - October 5, 2007.
The biofuel sector will be promoted through the propagation of new farming technologies and investments in the planting of sweet sorghum, cassava and sugarcane to be used as feedstock and in the production of bioethanol and jatropha for biodiesel. Praj will provide assistance and extend its knowledge in identifying varieties of sweet sorghum and jatropha for cultivation trials.
Praj will also provide the design, engineering and supply the biofuel production plants to potential investors in the biofuel sector based on mutually agreed terms and conditions on a case-to-case basis.
For its part, the DA will identify land for feedstock development; encourage and assist farmers in cultivating sweet sorghum, sugarcane, cassava or jatropha; and help in attracting investments for commercial scale feedstock production and construction of biodiesel and bioethanol plants.
The Philippine government expects the ever-growing global demand for crops-based alternative clean fuels to energize Philippine farms, increase the profitability of small holders in the agriculture sector, and reduce the country's dependence on imported energy sources. Last January, President Arroyo signed into law Republic Act 9367 or the Biofuels Act, which aims to ease the country's imports on petroleum products, which are dollar-draining and pollution-generating.
The DA is now in the process of identifying for private sector investments more than 400,000 hectares of land to plant crops that would be used as feedstock and for biofuels production. Of these, about 90,000 hectares are located in the North Luzon Agribusiness Quadrangle; 10,000 hectares in Central Philippines; and 300,000 in Agribusiness Mindanao:
energy :: sustainability :: biomass :: bioenergy :: biofuels :: ethanol :: biodiesel :: sugarcane :: cassava :: jatropha :: sweet sorghum :: Philippines ::
The lands being processed so far already represent 78 per cent of the 600,000 hectares targeted for development this year. These lands would be planted to cassava, oil palm, coconut, sugarcane, jatropha, and other crops used as feedstock for projects that would be set up by private investors cashing in on the biofuels boom in the global market.
Investors are planning to set up plants in the Ilocos region, Cagayan Valley, Western Visayas, Zamboanga Peninsula, Northern and Central Mindanao, and the Davao region either through straight purchases, lease arrangements, contract growing or joint ventures.
In all these arrangements, farmers stand to earn more through profit sharing, guaranteed income packages or straight purchases of harvested crops, and benefit from new planting technologies that would create more jobs and boost production.
Praj is a publicly listed company in the Bombay Stock Exchange and the National Stock Exchange in India. It has provided distillery and brewery wastewater treatment and utilization solutions to over 35 countries worldwide. The company now has diversified its range of solutions such as in fermentation systems that include technology packages for multiple feedstock including cane-molasses, cane juice and filtrate, starch-based raw materials like corn, sorghum, wheat, tapioca, tropical sugar-beet, among others.
References:
Philippines News Agency: RP inks biofuels deal with India-based company - October 5, 2007.
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home