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>
Emerald said that the refinery will run on a process developed jointly by Honeywell’s UOP petrochemicals technology business and
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
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 |