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China sets 2020 target for nationwide ethanol use to cut corn stocks

Reuters  |  BEIJING 

BEIJING (Reuters) - China plans to roll out the use of ethanol in gasoline nationally by 2020, state media reported on Wednesday citing a government document, as Beijing intensifies its push to boost industrial demand for corn and clean up choking smog.It's the first time the government has set a targeted timeline for pushing the biofuel, known as E10 and containing 10 percent ethanol, across the world's largest car market, although it has yet to announce a formal policy.Mandates requiring that a minimum amount of biofuel must be blended into fuel for the nation's cars, similar to the United ...

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First Published: Wed, September 13 2017. 12:39 IST
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