Sniace eyes locations for three bioethanol factories

02 July 2007 12:33  [Source: ICIS news]

LONDON (ICIS news)--Sniace is eyeing locations to build bioethanol factories in Spain, Poland and Latin America as it continues to expand in the booming biofuels sector, a company spokeswoman said on Monday.

 

The Spanish bioenergy and cellulose firm is looking for at least three new locations to bolster its production capacity beyond the 400,000 tonne/year it hopes to bring on stream in the next two years, the spokeswoman told ICIS news. 

 

Madrid-based Sniace said it hoped the facilities would be ready sometime in 2009. It was not known where specifically the Latin American plant was planned for.

 

Sniace was also considering growing in the so-called e-diesel market to find new customers for its bioethanol. E-diesel is made through a chemical process that allows 5%-10% of ethanol to be mixed with diesel, the spokeswoman said.

 

The fuel is already being used in the US and can be used to power diesel engines.

 

The spokeswoman could not say where Sniace would sell e-diesel or elaborate on its sales’ potential.

 

By: Ivan Castano Freeman
+44 20 8652 3214

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