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Alternatives - Far East - Bangladesh, Singapore Firms Sign Gasohol JV Deal
DHAKA,Bangladesh -Asia Pulse -Sept 16 2005 :-) A joint-venture agreement was signed here Tuesday on a project undertaken by three companies of Bangladesh and Singapore for producing gasohol, a new-generation motor fuel meant for cutting down cost and providing environment-friendly transport... Nitol Motors Ltd of Bangladesh and Singaporean Far East Distillers Ltd and Peter Khong International of Singapore struck the deal on 'Nitol Far East Gasohol' project... Gasohol is a mixture of petrol or octane and anhydrous ethanol in various mixing ratios--up to 23 per cent of ethanol with the remaining portion being petrol or octane...
posted by Unknown @ 3:23 PM
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