ethanol plant

Update news ethanol plant

Projects of powerful conglomerates incur losses

VietNamNet Bridge - A series of multi-trillion dong investment projects developed by large conglomerates belonging to the Ministry of Industry and Trade (MOIT) have incurred heavy losses.

PetroVietnam eyes Itochu stake in $80m ethanol plant

VietNamNet Bridge – PV Oil – the wholly owned subsidiary of the state-run PetroVietnam – recently said it was considering negotiating with Itochu and Licogi 16 to buy out a 71% stake in the joint venture to build an $80 million ethanol factory