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Deal #3374 Version #60409

Vietnam

Created at

2013-03-12

Last update

2016-09-06

Last full update

2022-03-18

Land area

Size under contract (leased or purchased area)

[2013, current] 30.0 ha

Size in operation (production)

[2016, current] 44.0 ha

Comment on land area

Raw material is supplied by contract farmers (from their own fields). The company raises a 10 ha model farm in the factory and demonstration fields over 20 ha in communes. Another sourse of information says 44 hecta in 2016 : http://tuoitrenews.vn/business/34126/ethanol-plants-in-troubles-as-vietnams-plan-to-boost-biofuel-fails

Intention of investment

[current] Biomass for biofuels

Negotiation status

[current] Concluded (Contract signed)

Implementation status

[2012] In operation (production)
[2016, current] Project abandoned

Comment on implementation status

In the southern province of Binh Phuoc, the Ethanol Binh Phuoc plant, developed by Orient Bio-fuels Co. for $84 million, has also been closed after only a short trial run. See http://tuoitrenews.vn/business/34126/ethanol-plants-in-troubles-as-vietnams-plan-to-boost-biofuel-fails

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Not on leased area/farmers/households (out-grower)

[current] 20000

Comment on contract farming

cassava shall be collected mostly from Binh Phuoc (concentrating in 9 communes around Thac Mo lake, in three districts Bu Dang, Bu Dop and Bu Gia Map), partially from Dak Nong and Cambodia