Logo of Phnom Penh Post newspaper Phnom Penh Post - Jatropha oil refinery ready to go

Jatropha oil refinery ready to go

Jatropha oil refinery ready to go

Japan-Cambodia joint venture to start production after ministry approval

NCT Jacam Energy Co is set to begin producing jatropha oil this month once approval from the Ministry of Industry, Mines and Energy is received, according to company President Chheuy Sophors.

The Japan-Cambodia joint venture plans to produce 100 litres of the oil, which can be converted into biodiesel, daily when the plant opens. It will raise capacity to 5,000 litres a day within a year, he said.

The company planned to present documents to the ministry Thursday, having already received permission from the Ministry of Commerce.

Permission appeared to be a formality, with ministry Secretary of State Sath Samy telling the Post Thursday that he welcomed all entrants to the sector. “I haven’t seen the permission letter yet, but I will support them if they can produce jatrapha oil in our country and reduce our need to import oil from outside,” he said.

Chheuy Sophors said the US$400,000 factory in Kampong Speu province would be the first in the country. The company had been developing the technology for around four years, he said.

It would source around 5,000 tonnes of jatropha from local growers every year, he said.
The oil would be priced at 3,500 riels per litre, around the current price of crude oil.

MOST VIEWED

  • Proof giants walked among us humans?

    For years a debate has waged about whether certain bas relief carvings at the 12th-century To Prohm Temple, one of the most popular attractions at the Angkor Wat Temple Complex in Siem Reap province, depicted dinosaurs or some rather less exotic and more contemporary animal,

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Long way to go before Cambodia gets a ‘smart city’

    Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up

  • Japan bank buys major stake in ANZ Royal Bank

    Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal Group