The Chinese National Government has approved the construction of three state-owned jatropha biodiesel plants, with an annual total capacity of 170,000 tons. The three plants are PetroChina (60,000 ton facility to be built in Sichuan), Sinopec (50,000 ton capacity plant to be built in Guizhou), and CNOOC (60,000 ton plant to be built in Hainan). These will be the first biodiesel plants which will use jatropha as feedstock. Existing biodiesel plants in China are privately owned , and utilize waste cooking oil as feedstock. Some of these plants have shut down due to recent price increases in cooking oil, and the regulated prices of diesel, which have all made production using this feedstock unprofitable. By 2010, China is set to produce 200,00 tons of biodiesel..