20 June 2012 02:37 [Source: ICIS news]
HOUSTON (ICIS)--US-based Gevo is considering Malaysia as the site for a cellulose-based isobutanol plant, the company said on Tuesday.
The company did not reveal capacity figures or financial details of the project.
Under the plan being considered, Gevo will build the plant at the biorefinery complex in Kertih, in the state of Terengganu.
If Gevo pursues the project, the plant could start operations by late 2015 or early 2016, the company said.
So far, Gevo has signed a collaborative agreement with the Malaysian government's East Coast Economic Region Development Council (ECERDC), the Malaysian Biotechnology Corp (BiotechCorp) and the state government of Terengganu, the company said.
Gevo is now in the final stages of seeking additional partners, allowing the project to complete the biomass-to-isobutanol chain, it said.
The company could sign definitive agreements in the second half of the year, it said.
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