Suncor goes ahead with 200,000 t/yr Canada ethanol expansion

02 October 2009 18:48  [Source: ICIS news]

TORONTO (ICIS news)--Suncor will go ahead with plans to double ethanol production at its site near the Sarnia petrochemicals hub in southern Ontario to 400,000 tonnes/year, the Canadian energy firm said on Friday.

The Canadian dollar (C$) 120m ($111m) expansion plan had been delayed early this year because of the economic downturn.

But Suncor spokesman Brad Bellows told ICIS news that with the improving economy and higher oil prices the company felt confident in continuing its investments in renewable energy.

The expansion would be completed in late 2010 or early 2011, he said.

Canada’s renewable fuels mandate calls for 5% renewable content in gasoline by 2010 and 2% renewable content in diesel fuel and heating oil by 2012.

($1 = C$1.08)

Bookmark Simon Robinson’s Big Biofuels Blog for some independent thinking on biofuels
To discuss issues facing the chemical industry go to ICIS connect

By: Stefan Baumgarten
+1 713 525 2653

AddThis Social Bookmark Button

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.

Printer Friendly