Greenergy's UK biodiesel capacity to top 300 kt

30 March 2006 12:36  [Source: ICIS news]

LONDON (ICIS news)--Greenergy Biofuels plans to bring over 300,000 tonne/year of biodiesel capacity onstream at two sites in the UK by the end of 2007, a company spokeswoman said on Thursday.

 

A 100,000 tonne/year plant is due onstream in Immingham on Humberside, northeast England in December this year and a second 100,000 tonne/year plant is due onstream at the site around the end of summer/early autumn (Q3) next year, she said.

 

Greenergy Biofuels, in which Cargill owns a 25% stake, also plans to build a third biodiesel plant in the Liverpool area in northwest England.

 

All three plants will use rapeseed oil as feedstock. Greenergy said it selected northeast England for the third plant because Cargill has seed crushing facilities in the port of Liverpool although an exact location for the biodiesel project has not yet been decided, said the spokeswoman.

 

Greenergy Biofuels expects to bring onstream the Liverpool plant, whose capacity could exceed 100,000 tonne/year, by the end of 2007, she said.

 

The company said the first Immingham plant would cost £13.5m ($23.5m/Euro19.4m), while the second unit is expected to cost approximately £9m. It is too early to estimate the cost of the Liverpool facility.

 

Greenergy Biofuels is a subsidiary of Greenergy Fuels, in which UK supermarket and petrol retailer Tesco holds a 25% stake. Tesco said it sells biofuels at over 40% of its petrol stations.

By: Anna Jagger
+44 20 8652 3214

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