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Hong Kong Tycoon's Energy Empire Ramps Up Green Jet Fuel Push.
- Source :
- Bloomberg.com; 10/2/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- (Bloomberg) -- Hong Kong and China Gas Co., part of billionaire Lee Shau Kee's business empire, is accelerating an expansion of biofuel firm EcoCeres Inc. in foreign markets on bets the global decarbonization push will boost demand for sustainable aviation fuel. Greener fuels are also much more expensive than regular jet fuel, while a shortage of manufacturers means demand far exceeds supply, Chan said. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 172439971