Biotech Updates

Alternative Fuels Group of the Philippine National Oil Corporation (PNOC) Seeking Partners for Biodiesel Projects

February 9, 2007
http://www.pnoc.com.ph/news/news.asp?id=2
http://business.inquirer.net/money/topstories/view_article.php?article_id=46842

Mr. Peter Paul Abaya, president of the PNOC-Alternative Fuels Group, mentions that the company is undertaking partnerships interested in biodiesel-related projects. Many of these involve Jatropha plantations and refineries. Interested groups include Samsung and Sumitomo Corporations. The Philippine Army has also offered about 130,000 hectares of land in their camps for Jatropha plantations, while the Department of Justice has offered 50,000 hectares for Jatropha in three penal colonies..