​North Asia Resources to turn cassava into fuel | Phnom Penh Post

North Asia Resources to turn cassava into fuel

Business

Publication date
24 May 2017 | 08:45 ICT

Reporter : Post Staff

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Hong Kong-listed firm North Asia Resources Holding Ltd announced yesterday that it has purchased 14,000 hectares of an economic land concession in Pursat province from Henan Tianguan Enterprise Group for $53.2 million.

The land will be used to build a recycling industrial module park using cassava for the production of 100,000 tonnes of ethanol biofuel annually, the company said.

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