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PIA Press Release
2007/05/10

Manila to host "2007 Biofuels and Feedstocks Philippines"

by AD Cahilog

Davao City (10 May) -- The Singapore-based Centre for Management Technology organized a two day conference titled "2007 Biofuels & Feedstocks Philippines" that will start from May 23 to 24 at the Edsa Shangri-La Hotel in Manila.

The increase of global biofuels market has been driven by government incentives and volatile fossil fuel prices. Countries around the world are gearing up its campaign and effort the use of biofuels to reduce air pollution and dependence of imported fossil fuels.

Biofuels Act 2006 in the Philippines was signed into law last January 2007, which mandates the blending of 1% locally sourced biodiesel in all diesel products sold by May 2007 and 5% locally-sourced bioethanol blend in all gasoline products in 2009 and 10% bioethanol in 2011.

Asian countries like Indonesia are targeting a 10% domestic usage of biofuels by 2010 while Malaysian government has approved 52 biodesiel licenses, with a cumulative capacity of 5 million tons. While a Natural Fuel, a biodeisel manufacturer who is headquartered in Australia, invest $ 130 million to build the world's largest biodiesel facility in Singapore.

The two day conference has a theme of "Surging Biofuels Production - Prospects for Asian Exports" will bring together the most influential people in the biofuels industry to discuss the development and growth of biofuels. No less than the President Gloria Macapagal-Arroyo will deliver her opening address during the conference.

Highlights of the conference are: Biofuels frame work and fiscal incentives in the Philippines; global biofules markets-policies, markets, challenges and barriers; rice, supply economics and quality analysis of various biofules feedstosks; Biofuels supply chain-blending, storage and handling ; Ethanol and its feedstock option and supply and Round table discussion by oiul companies on their strategies in biofuels.

Also there will be a half-day focus on Jatropha Cultivation and processing. Jatropha experts from India, Myanmar and the Philippines will highlight important issues concerning this non-edible oil.

PNOC Alternative Fuels Corporation (PNOC-AFC) a wholly-owned subsidiary of the state-owned Philippine National Oil Company, supported by the Department of Energy (DOE) is the host sponsor of the conference.

Those who are interested to attend the conference may register online at www.cmtevents.com or inquire with vynn@mtsp.comsg. The registration fee is UD$1,295 per person and US$1,095 per person for every three or more attendees from the same company. For more details, please contact Dadee Fernandez, PNOC-AFC Business Development Supervisor, at 812-6209 local 5003. (PIA XI/PNOC) [top]

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