Biodiesel plant in Henan

The construction of the biodiesel project of Luoyang Tianchang Bioengineering Co., Ltd. in Yiyang, Henan province, in China started in mid-November. The project mainly uses seeds of oil crops and fruits of oil trees to produce biodiesel and related biological products. The first phase will be on stream at the end of January 2007 and the whole project will be completed by October 2008. After the completion of the project, the output will be 100,000 tons of biodiesel and 10,000 tons of glycerin. The output value will be more than RMB1.2 billion (US$153.87 million) a year. (December 16, 2006)