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                    [Title] => Seaoil Steps Up as the Country’s Biofuels Major
                    [Summary] => 



Republic Act 9367, otherwise known as the Bio Fuels act, was signed into law early this year so as to reduce the country’s dependence on imported fuel, which in turn will save the country billions of dollars in foreign currency. The law mandates blending gasoline with at least 5% ethanol in the next two years, with the blend increasing to 10% in the next four years. Diesel fuel, on the other hand, must be blended with 1% coco-methyl ester (CME) within three months of the law’s effectivity, with the blend increasing to 2% after two years.


                    [DatePublished] => 2007-02-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1668086
                    [AuthorName] => Raymond Young
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BIO FUELS

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                    [Title] => Seaoil Steps Up as the Country’s Biofuels Major
                    [Summary] => 



Republic Act 9367, otherwise known as the Bio Fuels act, was signed into law early this year so as to reduce the country’s dependence on imported fuel, which in turn will save the country billions of dollars in foreign currency. The law mandates blending gasoline with at least 5% ethanol in the next two years, with the blend increasing to 10% in the next four years. Diesel fuel, on the other hand, must be blended with 1% coco-methyl ester (CME) within three months of the law’s effectivity, with the blend increasing to 2% after two years.


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                    [AuthorID] => 1668086
                    [AuthorName] => Raymond Young
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Seaoil Steps Up as the Country’s Biofuels Major

By Raymond Young | February 21, 2007 - 12:00am

Republic Act 9367, otherwise known as the Bio Fuels act, was signed into law early this year so as to reduce the country’s dependence on imported fuel,...

Motoring