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Teen solves centuries-old math problem
BEIJING, Nov. 24 (UPI) -- China National Petroleum Corp. has made initial moves into the green fuels sector, the Xinhua news agency reported Friday.
CNPC, the country's largest oil producer, signed an deal with the Sichuan provincial government to develop biofuels in the southwestern basin. The region is famous for its agricultural industry and natural gas reserves, Xinhua reported.
CNPC plans to produce 600,000 tons of automotive-grade ethanol from sweet potatoes annually and 100,000 tons biodiesel from the seeds of jatropha curcas tree, the news agency said.
Other Chinese companies are also paying attention to the burgeoning biofuels sector.
China Petroleum and Chemical Corp., or Sinopec, a subsidiary of China National Petrochemical Corp., or Sinopec Corp., the country's largest oil refiner, is taking part in a coal chemical project in Erdos, in Inner Mongolian Autonomous Region, the news agency said.
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