North Asia Resources to turn cassava into fuel
North Asia Resources to turn cassava into fuel
Hong Kong-listed firm North Asia Resources Holding Ltd announced yesterday that it has purchased 14,000 hectares of an economic land concession in Pursat province from Henan Tianguan Enterprise Group for $53.2 million.
The land will be used to build a recycling industrial module park using cassava for the production of 100,000 tonnes of ethanol biofuel annually, the company said.