CNOOC joins in with biodiesel project

Cheok Soh Hui; Gibson, Jane
January 2007
ICIS Chemical Business;1/15/2007, Vol. 2 Issue 49, p8
Trade Publication
The article reports on the plan of China National Offshore Oil Corp. (CNOOC) to invest $5.5 billion in an Indonesian biodiesel project. CNOOC signed an agreement with Hong Kong Energy, and Indonesia's Sinar Mas Agro Resources and Technology to develop palm oil-based biodiesel as well as sugar cane and cassava-based bioethanol. The project will cover about 1 million hectare of land in Indonesia's Kalimantan and Papua.


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