Monday, October 11, 2010

Cambodia's only biofuel plant delays reopening

PHNOM PHEN, Oct 9 (Commodity Online): The only biofuel factory in Cambodia remained closed owing to lack of raw materials.

MH Bio-Energy plant, a Kandal province factory owned by South Korea pushed back its reopening to December 2010 as the price of cassava remains high.

The factory uses cassava to produce ethanol for sale on EU markets, first opened in November 2008 with an initial investment of $30 million. However, its doors have been closed since May because of rising crop prices.
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