Internet home of Philippine news
Back to homepage
| Bacolod | Baguio | Cagayan de Oro | Cebu | Davao | Dumaguete | General Santos | Iloilo | Manila | Pampanga | Pangasinan | Zamboanga |
 
online flower gift shop to Philippines
 
 
 

Google
Web
www.sunstar.com.ph

  Business
Davao-based firm sees expansion of bio-tech oil market
BIMP-Eaga biz leaders to tackle dev't roadmap in annual meet

TigerDirect




Thursday, January 17, 2008
Davao-based firm sees expansion of bio-tech oil market
By Joy Romares-Sevilla

A DAVAO City-based company, with the use of Korean micro biotechnology, has converted coconut oil into engine oil whose properties have a wide range of applications to reduce the dependence on fossil based oil.

Rey Mangio, managing director of the Chun Hae Food Processor in Matina Pangi, introduced the S-9 biotech lubricating motor oil for gasoline and diesel engine in Wednesday's edition of the Club 888 press forum at the Marco Polo Davao.

Sun.Star Network Online's coverage of the Sinulog 2008 Festival

"Since 2005, more than 400 vehicles, both diesel and gasoline fueled, have tested the product at a blended rate of 20 percent of crankcase capacity," Mangio said.

He added that some bus and trucking companies are now in different stages of testing and using the fuel product. However, he failed to identify what are these bus and trucking companies.

"Chemical analyses show that the product reduces fuel consumption up to 45 percent, it also reduces smoke emission up to 95 percent, it has more power and it has cooler engine operating temperatures," Mangio said.

Mangio added that the product's production site is located in Matina Pangi, Davao City and that the company is able to produce 5,000 liters of motor oil in a month.

"Our target for the next five years is to increase our market base, we hope that people will share our vision and will realize the impact of this product to the community," Mangio said.

Mangio shared that appropriate use of coconut engine oil can extend the supply of fossil oil reserves; can reduce the effects of global warming through lower carbon emissions; provide a renewable source of lubricant; and protect the environment because it is readily biodegradable.

Mangio claimed the product has yet to be patented.

"We're still on the process of acquiring a patent for it and if there's someone who will try to copy it, mahihirapan sila because this is in the field of biotechnology and our scientist is based in Korea," he said.

For more Philippine news, visit Sun.Star Dumaguete.

For Bisaya stories from Davao. Click here.

(January 17, 2008 issue)
Write letter to the editor.Click here.
Join the Sun.Star message board.Click here.




ENETWORK HEADLINE
110 families lose homes in blaze
ENETWORK NEWS
5 ex-soldiers nabbed over new coup plot
Troops pursue Tawi-Tawi priest killers
Sun.Star Online covers Sinulog 2008


[return to top] [home] [network page]


Sun.Star Network Online

LOCAL NEWS
BUSINESS
OPINION
SPORTS
LIFESTYLE
FEATURE

SUPERBALITA
WEEKEND

RSS Feed RSS Feed


Classified Power Ads

Past Issues

Western Union

I © Copyright 2007 Sun.Star Publishing, Inc. I Contact the website at sunnexatsunstardotcomdotph I