29 November 2007 14:32 [Source: ICIS news]
MUMBAI (ICIS news)--India’s Emami Biotech expects to commission its 100,000 tonne/year biodiesel plant at Haldia in West Bengal by January-February 2008, a source close to developments said on Thursday.
ICIS news had earlier reported that the plant was expected to be commissioned in December.
The company plans to export most of the biodiesel produced to the EU and the US, the source said.
The (Rs)1.5bn ($37.9m) project would use imported palm oil as feedstock due to the unavailability of locally-produced jatropha, he added.
"The company plans to shift to jatropha eventually. Also, rising prices of palm oil are becoming a major concern for us," the source said.
"But as the plant is nearly ready, the company needs feedstock," he added.
Emami is mulling in-house cultivation and contract farming for jatropha, as well as buying it from the open market once it is available, he said.
The company was also planning to tie up with state governments of West Bengal, Orissa, Chattisgarh, Madhya Pradesh and Andhra Pradesh for cultivating jatropha.Bookmark Simon Robinson's Big Biofuels Blog for some independent thinking on biofuels
($1 = Rs39.56)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections