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Bolzan plans biodiesel plant to meet world's highest blend rate
Source : bloomberg.com
Grupo Bolzan, an Argentine agriculture company, is building its second biodiesel refinery as the country prepares to implement the world's highest blending rate for the amount of the renewable fuel mixed into standard diesel. The refinery will be able to produce 60 million liters (16 million gallons) a year, the Aldea Maria Luisa-based company's Commercial Director Matias Bolzan, said yesterday in a phone interview. Argentina requires distributors to sell a diesel blend that is 7% biodiesel, matching Germany and France for the world's highest rate. The country said last year it would raise that to 10%, which will drive up demand, though it has not said when the change will take effect. "The government is waiting to see the effect the 7% blend has on engines", Bolzan said. "I don't see any reason why they won't go ahead with" the increase later this year.
read more ...
22 June 2011 |
Information ::
Biodiesel ::
South & Latin America
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