China's Fuel Ethanol Output Reached 1.6 Million Tons

April 06, 2008 09:00 PM Eastern Daylight Time

Research and Markets:

In 2007, China's Fuel Ethanol Output Reached 1.6 Million Tons, of Which 80% Used Corn as Raw Materials

DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c87741) has announced the addition of “China Bioenergy Industry Report, 2007-2008” to their offering.

In 2007, China's fuel ethanol output reached 1.6 million tons, of which 80% used corn as raw materials. Based on the proportion 1:3.3, more than four million tons of corn was consumed.

In 2008, China's fuel ethanol production capacity will increase rapidly, thanks to several fuel ethanol projects to be put into operation successively in the year. It is estimated that China's annual fuel ethanol output will reach five million tons in 2010 and utilization rate of ethanol gasoline will be more than 50%. Moreover, corn-based ethanol has stopped expanding production capacity, as government policies have clearly restricted the development of grain-based ethanol. Therefore, developing non-grain ethanol has become an inevitable trend.

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