Unicorn of the US to build Polish bioethanol plant

02 April 2007 18:04  [Source: ICIS news]

PRAGUE (ICIS news)--Construction should start this month on a 100,000 tonne/year bioethanol plant in Brzeg Dolny, Poland, local government officials said on Monday.

 

They added that the investor, Unicorn Chemical of Northville, Michigan in the US, would spend €20m ($26.7m) on creating the plant and would export all of its output.

 

Technology for the plant, located on a 12-hectare site which the district council helped to secure, would be sourced from America’s Delta T-Corp, the officials said.

 

Meanwhile, the Polish Farmers’ Association complained on Monday that the Polish government’s failure to put in place adequate excise tax breaks for biodiesel producers could leave them sitting on unsold rapeseed crops.

 

An association spokesman said the country’s rapeseed harvest would rise to 1.8m-2m tonnes in 2007, compared with 1.6m tonnes last year, with farmers having expanded their rapeseed acreages in anticipation of booming demand for biodiesel component plants.

 

($1 = €0.75) 

 

By: Will Conroy
+44 20 8652 3214

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