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Tuesday, April 17, 2007

 

TA Oil mulls foray into biodiesel production


TRANS-ASIA Oil and Energy Development Corp. (TA Oil) is conducting studies on the jathropa plant, a known biodiesel source, as the company plans to venture into alternative fuels.

Francisco L. Viray, TA Oil president, said the company has already established a jathropa breeding area in a 4-hectare farm in Batangas Union Industrial Park, to test whether the plant can grow and prosper well enough to be used for the production of biodiesel.

He said the recent passage of the Biofuels Law, which initially mandates the blending of 1-percent biodiesel with all diesel fuel, has encouraged TA Oil to test the viability of jathropa as a biodiesel.

The company has earmarked about P600,000 for the pilot breeding farm, but is expected to increase this amount if the plant is proven suitable for biodiesel production.

TA Oil, a unit of the Phinma group, has yet to decide whether it would go into full-scale production.

”First of all we’re not really going to full scale of plantation. The reason why we’re doing seedling [is] because we want first to know whether jathropa will really prosper or grow in the Philippines,” he said.

Favorable results of its test program would lead to contract growing, he said, adding that the company may use 10 hectares for plant seedlings.
--Euan Paulo C. Añonuevo

  
 

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