Japan Milestone to Build US$60M Ethanol Plant in Vietnam Next Year
Vietnam’s central highlands province of Dak Lak has decided to allocate 20 hectares of land in Hoa Phu industrial park to Milestone Inc. of Japan to build a US$60-million ethanol plant next year.
Once fully operational in 2012, the plant is capable of producing 120 million liters of ethanol a year.
Vietnam plans to produce 1.8 million tons of ethanol and vegetable fuel oil by 2025 in order to meet 5% of the national petroleum demand. (Labor)
Vietnamese
