04 March 2009 16:55 [Source: ICIS news]
TORONTO (ICIS news)--A Volkswagen-led group has launched a biomass-to-liquids project that aims to develop a commercial-scale 200,000 tonne/year second-generation biodiesel plant over the next three to four years, the car maker said on Wednesday.
The project, known as OPTFUEL, would use wood and wood waste as feedstock, the company added.
OPTFUEL has 10 partners, including Ford, Renault and Invensys Process Systems.
The European Union was supporting the project with €7.8m ($10m), the car maker added.
($1 = €0.78)
Bookmark Simon Robinson’s Big Biofuels Blog for some independent thinking on biofuels
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