21 July 2010 09:44 [Source: ICIS news]
LONDON (ICIS news)--Sud-Chemie will invest €28m ($36m) in a 2,000 tonne/year second-generation biofuels demonstration plant in Munich, Germany, for start-up in 2011, the specialty chemicals company said on Wednesday.
The plant, ?xml:namespace>
The €28m project comprises an investment of some €16m, as well as accompanying research projects amounting to around €12m, Sud-Chemie said.
The Bavarian State Government and
Sud-Chemie said it planned to start up the plant, located in the immediate vicinity of the new Bavarian BioCampus in Straubing, at the end of 2011.
"By launching construction of this demonstration plant for our so-called sunliquid technology, we continue to pursue our strategy of developing to market maturity sustainable manufacturing processes for climate-friendly biofuels and chemicals, based on leading expertise in the fields of catalysis, biocatalysis and process engineering," said Sud-Chemie´s managing board chairman Gunter von Au.
The company said this demonstration plant would represent a scaled-down version of the entire integrated manufacturing process required to convert cellulosic plant residue into bioethanol.
($1 = €0.78)
To discuss issues facing the chemical industry go to ICIS connect
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