CNPC plans to invest 80 million yuan to make Jiangxi a major province for biodiesel production

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CNPC plans to invest 80 million yuan to make Jiangxi a major province in biodiesel production. [Print this article] [Go to forum] [Recommend to friends] [Close window] January 31, 2008, 15:47. According to information from the Jiangxi Provincial Forestry Department, the “Jiangxi Provincial Forest Biomass Energy Management Office” was officially established recently, and work has begun on planning and developing forest biomass energy in a rational and orderly manner. “During the 11th Five-Year Plan period, the planting area of Chinese honey locust will reach several million mu, with CNPC having committed 80 million yuan to establish 200,000 mu of energy forests. A large Australian investment firm has also entered Jiangxi to share in the biodiesel market. 　　Zhang Yuying, director of the Office for Attracting Foreign Investment at the Provincial Forestry Department, said that the establishment of the \"Jiangxi Province Forest Biomass Energy Management Office\" signifies that our province has elevated the development of new renewable energy sources to a strategic level, thereby promoting the orderly development and utilization of forest biomass energy across the province. 　　Under the **integrated forestry and oil production** plan, CNPC plans to invest 80 million yuan in Jiangxi Province during the 11th Five-Year Plan period to plant 200,000 mu of Chinese honey locust trees. Zhang Yuying said that according to the province’s preliminary plans, 5 to 6 million mu of Chinese honeylocust trees are to be planted during the 11th Five-Year Plan period ； “During the 12th Five-Year Plan period, it reached 10 million mu. The reporter learned that a large Australian investment company has registered in Jiangxi under the name Jiangxi Xinya Energy Company; this company is also engaged in the development of biomass energy from the Phellodendron tree species, and is currently carrying out preliminary work such as seedling cultivation. 　　Zhang Yuying said that at present, the Chinese chestnut trees in counties such as Yudu are mainly wild, with no professional or large-scale cultivation taking place. Wild Chinese chestnut trees are generally 7 to 8 meters tall, and the fruits they bear are difficult to harvest, increasing the labor intensity. However, through grafting or breeding, the dwarfed Guangpi trees remain short in height, produce a large amount of fruit, and are easy to harvest, providing the necessary technical conditions for large-scale cultivation. 　　Experts say that based on the planting of 5 million mu of land in Jiangxi during the 11th Five-Year Plan period, around 5 billion kilograms of fruit can be harvested. With an oil yield of 30%, 1.5 million tons of biodiesel can be produced. This is a huge industry, and Gan will thus leap forward to become a major province in biodiesel production.