Prime Infrastructure Holdings Corp. (Prime Infra) announced on Wednesday the creation of a new subsidiary for its waste-to-fuel project being developed in partnership with US-based WasteFuel Global.
Called WasteFuel Philippines, the new entity under Prime Infra, is evaluating the feasibility of putting up a biorefinery in Luzon that would convert over 1 million tons of municipal waste into 30 million gallons of low-carbon synthetic crude oil (syncrude) annually.
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