Duna to develop 26 Mgy corn ethanol plant in Hungary

In Hungary, Duna Development announced that it will build a 26 Mgy corn ethanol plant near Orosháza, in southeast Hungary. Duna said that Hungarian, Swiss, Austrian and German investors are backing the $126 million project that will open in fall 2009. The plant will also produce 18 Mw of electricity and 60 million cubic meters of natural gas.

Hungary currently has three E85 ethanol locations, the most recent opening last September in Budapest.

Magyar Bioenergetikai (Mabio) announced that it will develop two ethanol plants in Csabacsűd and Szabadszállás with a combined production capacity of 65 Mgy. The development will cost $263 million. The projects will create 240 new jobs.

In Hungarian bioodiesel, the 150,000 tonne Rossi Biofuels biodiesel plant has commenced operations in Komárom. Austrian businessman Rudi Roth owns 75 percent of the $60 million project and joint venture partner MOL owns the remaining 25 percent. MOL will use 80 percent of the plant’s biodiesel at its refineries.

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