According to the Economic Information Daily, it was learned from the National Development and Reform Commission and the Ministry of Industry and Information Technology that my country will continue to promote the production and promotion of biofuel ethanol within the year in accordance with the “Implementation Plan on Expanding the Production of Biofuel Ethanol and Promoting the Use of Ethanol Gasoline for Vehicles”, and further Increase the use and application of biofuel ethanol. The industry generally believes that this move will effectively solve many existing agricultural problems in my country, and will also create a larger market space for the biofuel ethanol industry.
Biofuel ethanol is a kind of ethanol that can be used as fuel obtained from biomass as raw material through biological fermentation and other means. After denaturation, fuel ethanol can be mixed with gasoline in a certain proportion to make ethanol gasoline for vehicles.
It is reported that there are currently 6 provinces in my country promoting the use of ethanol gasoline in the whole province, and another 5 provinces are promoting it in some cities. Industry analysts believe that the domestic gasoline consumption is expected to reach 130 million tons in 2022. According to the 10% addition ratio, the demand for fuel ethanol is about 13 million tons. The current annual production capacity is 3 million tons, there is a demand gap of 10 million tons, and the market space is huge. With the promotion of ethanol gasoline, the market space of fuel ethanol industry will be further released.
Post time: Aug-23-2022