Oil Company to Build Another Biodiesel Plant in the Philippines
September 4, 2013News article: http://businessmirror.com.ph/index.php/en/news/regions/18774-flying-v-to-put-up-p40-m-biodiesel-plant-in-visayas
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In the Philippines, the oil company TWA, Inc. will build its second coconut biodiesel facility in the Visayas region, which will have a capacity of 30 million litres as it anticipates a higher demand for biodiesel blends in the future.
The country is moving towards mandatory five percent biodiesel blend or B5 as the Philippine Coconut Authority has announced that there are enough local raw materials for both local and foreign commitments.
TWA, which owns the Flying V brand of petrol stations that have been dispensing B1 fuel for many years in the country, said that a move to B5 will help both the economy and local coconut farmers.
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