BIO-DIESEL VENTURE WITH JAPAN TO RISE IN PAGUDPUD

by Cristina Arzadon

PAGUDPUD, Ilocos Norte — On a huge tract of grasslands here will rise the first and largest coconut bio-diesel project in the country.

Last year, the Department of Environment and Natural Resources in Ilocos Norte started conducting site assessments in barangay Caunayan and found the area to be suitable for coconut plantation.

Juan de los Reyes, Jr., provincial environment and natural resources officer, said officials are itching for the project to take off because of the long term benefits that would redound to locals in terms of livelihood and income opportunities.

The massive plantation of coconuts is also environmentally-friendly as it will help reduce the greenhouse effect.

The project will be jointly undertaken by the Philippine BioEnergy Northern Luzon Inc. (BENLINC) and the Japan-based partner Pacific Bio-Fields Corp. headed by its president Moriaki Hayashida. (read more)

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