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Dung Quat Bio-fuel JSC officially released their first product.

According to Dung Quat Bio-Ethanol Fuel JSC (BSR-BF),  After 5 days of restarting the whole plant, in the afternoon of September 19th  , BSR – BF has released pure Ethanol 100 (E100).

Accordingly, the capacity is 9m³/h and will be increased after a short time. This is good news not only for bioethanol production but also for Vietnam Oil and Gas Group in successfully re-operating the Dung Quat Biofuel Plant.

Dung Quat Bio-fuel JSC officially released their first commecial product.

Pham Van Vuong, Director of BSR-BF said that the company is formulating a long-term plan to produce more products in the future. Currently, the company has many advantages and efficiency in buying cassava and selling their products. After the first period of their operation, the company can balance to pay salary for their staff and employees as expected. At present, the company also needs the support of their shareholders and partners. In the coming time, when the factory runs stably, they will be support by the banks.

Engineers in Dung Quat Bio-fuel JSC.

Previously, BSR – BF exported tens of tons of CO2 to a company in Bac Giang. This is one of their two by-products.

It is known that BSR – BF has signed a cooperation agreement with Tocontap. Under this contract, BSR – BF will be responsible for processing ethanol from cassava and processing costs. This contract has a term of 10 years from the date of signing, divided into two equal phases. The contract also stated that in the first 12 months, Tocontap committed to consume all the production that BSR – BF can produce.

By T.Giang

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