Tiger Ethanol International to Produce Biofuel in China

Montreal, Quebec [RenewableEnergyAccess.com] Tiger Ethanol International acquired a 90% joint venture to manufacture renewable fuel, corn-based ethanol, in the People’s Republic of China (PRC); the PRC ranks third behind Brazil and the U.S. in ethanol blended fuels.

China’s government has targeted an increase of E10 production to approximately 60 million tons by 2010. To achieve this, it will have to modernize manufacturing methods and add new production capacity. Tiger Ethanol intends to become an ethanol manufacturer serving the needs of China’s expanding personal and commercial transportation market segments. The pace of China’s development and production of energy from renewable sources has grown at an annual average of 25 percent over the past few years, according to Zhang Guobao, deputy director of the National Development and Reform Commission (NDRC) but the need for substantial additional capacity remains. Deutsche Bank said it expects China’s consumption of renewable energy to grow 10 to 36 percent a year in the next five years, with demand for ethanol rising 20 percent per year during the period. Foreign wind equipment suppliers that have set up wholly owned manufacturing facilities in China include Vestas, GE Energy, Gamesa and Suzlon.