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Deal #433

Location #1

Spatial accuracy level
Administrative region
Location
Mindanao, Philippinen

Target country
Philippines

Location #2

Spatial accuracy level
Administrative region
Location
Palawan, Philippinen

Target country
Philippines

Land area

Intended size (in ha)
1000000
Comment on land area

Intention of investment

Intention of investment
Biofuels

Negotiation status

Negotiation status
[2007] Concluded (Oral Agreement)
Comment on negotiation status
Signed a US$1.3 billion deal with state-owned Philippine National Oil Co. in May 2007. NRG Chemical will own a 70% stake in the joint venture which will involve the construction of a biodiesel refinery, two ethanol distilleries and a US$600-million investment in jatropha plantations that will cover over 1 million hectares, mainly on the islands of Palawan and Mindanao.

Operating company

 

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Data source #1

Data source type
Personal information
Includes in-country-verified information
Yes

Data source #2

Data source type
Media report
File
Date
2007-07-10

Detailed crop, animal and mineral information

Crops area
Jatropha

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
AGF (Agrofuel production)

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Feb. 15, 2013, 4:59 p.m.

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