08 May 2012 18:14 [Source: ICIS news]
HOUSTON (ICIS)--Emerald Biofuels plans to build an 85m gal/year (322m litres/year) renewable diesel refinery at Dow Chemical’s production site in ?xml:namespace>
The UOP/Eni EcoFining process uses catalytic hydroprocessing technology to convert natural oils and animal fats into renewable diesel.
Emerald said it is finalising a site lease and services agreement with Dow Chemical, which will provide a number of services and utilities to support the planned refinery.
Emerald has retained an investment firm to help in completing the financing of the Plaquemine refinery and expects to have the financing closed later this year, it added.
It did not disclose timelines for the refinery’s construction or start-up, and it did not say how much money the project is expected to cost.
Check out Doris de Guzman’s Green Chemicals Blog for views on sustainability issues
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections