Arq - The Hyper Intelligent Investment Engine By Angel Broking

Alfa Laval (India) bags another bio fuel plant order in Vietnam

Alfa Laval India- the Indian subsidiary of Swedish Alfa Laval group has won another order from PetroVietnam group of Vietnamfor supply of equipment and engineering solutions for their ethanol process plant, which is being setup at northern Vietnam to producce fuel ethanol. The order value is about Rs 700 million and delivery is scheduled 2010 and the plant is expected to go on stream during 2011.

Alfa Laval`s heat exchangers, decanters and tank cleaning equipments will be used in the starch based fermentation, distillation and dehydration process of the ethanol plant. The plant in Vietnam when ready will produce about 330,000 litres per day of fuel ethanol.

The PetroVietnam plant is part of biofuel development program across the country, ratified by Vietnam Government last year aiming at partial replacement of traditional fuels with renewable energy.

The company made this announcement during the trading hours today, 02 November 2009.

Powered by Capital Market - Live News