China's Beidahuang to build 350,000 T ethanol plant in Inner Mongolia

China Beidahuang Industry group

19/04/2018 04:16

BEIJING, April 19 (Reuters) - 
    * Grain trader and processor China Beidahuang Industry Group
 0039.HK  has signed an agreement with the mayor of Inner
Mongolia's Baotou city to build an ethanol facility with annual
capacity of 350,000 tonnes, it said on its website on Thursday
    * The 960 million yuan ($153.04 million) facility will use
924,000
tonnes of corn and around 350,000 tonnes of straw and sweet
sorghum each year, the company said
    * The project comes as China seeks to implement a nationwide
ethanol mandate requiring all gasoline to contain 10 percent
ethanol by 2020  urn:newsml:reuters.com:*:nL4N1LU1WS


($1 = 6.2728 Chinese yuan renminbi)

 (Reporting by Dominique Patton)
 ((dominique.patton@thomsonreuters.com; +86 10 6627 1027;
Reuters Messaging:
dominique.patton.thomsonreuters.com@reuters.net))