{"id":36337,"date":"2014-12-23T16:34:17","date_gmt":"2014-12-23T08:34:17","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=36337"},"modified":"2014-12-23T16:34:17","modified_gmt":"2014-12-23T08:34:17","slug":"urc-seals-ethanol-supply-deal-with-flying-v","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/12\/23\/urc-seals-ethanol-supply-deal-with-flying-v\/","title":{"rendered":"URC seals ethanol supply deal with Flying V"},"content":{"rendered":"<figure id=\"attachment_36338\" aria-describedby=\"caption-attachment-36338\" style=\"width: 280px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/12\/URC.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-36338\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/12\/URC.jpg\" alt=\"Wikipedia Photo\" width=\"280\" height=\"180\" \/><\/a><figcaption id=\"caption-attachment-36338\" class=\"wp-caption-text\">Wikipedia Photo<\/figcaption><\/figure>\n<p>MANILA \u2013 The Gokongwei-owned Universal Robine Corp. on Monday signed a partnership deal for Flying V to provide them with fuel ethanol.<\/p>\n<p>Fuel ethanol is derived from sugarcane, which URC produces to prepare for its commodities business for the decline in tariffs once the ASEAN integration takes place.<\/p>\n<p>URC, in a disclosure to the Philippine Stock Exchange said that the deal aims to support the country\u2019s mission of promoting renewable energy and to sustain the sugar industry.<\/p>\n<p>The agreement was signed last December 8 and it stated that Flying V will get its fuel-grade anhydrous ethanol from URC which the former will use to blend with its gasoline products.<\/p>\n<p>Flying V is the fourth biggest fuel company in the Philippines. It has more than 350 stations across the Philippines. Under the Department of Energy\u2019s bioethanol program, it stated that at least 10 percent fuel ethanol should be blended with gasoline.<\/p>\n<p>\u201cURC fully supports the government\u2019s renewable energy program,\u201d said Rene Cabati, general manager of URC\u2019s sugar business unit.<\/p>\n<p>He added that the agreement between URC and Flying V will also strengthen the Sugar Regulatory Administration\u2019s campaign for a sustainable sugar industry.<\/p>\n<p>\u201cIt doesn\u2019t have to be only sugar that we can produce from sugar cane. We can produce fuel ethanol,\u201d said Cabati. \u201cThis diversification into a higher-value product from a widely available crop in the Philippines will prepare the local sugar industry for Asean (Association of Southeast Asian Nation) integration.\u201d<\/p>\n<p>URC will get its supply from its newest fuel ethanol plant in Barangay Tamisu, Bais City, located in Negros Oriental.<\/p>\n<p>\u201cBoth projects guarantee that sugarcane planters will have a \u2018home\u2019 for their canes, and sugar farm and sugar mill workers will continue to have jobs, even as we face competition from sugar producers abroad,\u201d said Cabati.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2013 The Gokongwei-owned Universal Robine Corp. on Monday signed a partnership deal for Flying V to provide them with &hellip;<\/p>\n","protected":false},"author":44,"featured_media":36338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-36337","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/36337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=36337"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/36337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/36338"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=36337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=36337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=36337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}