Ecodiesel Colombia to build 30 Mgy palm oil biodiesel plant
In Colombia, Ecodiesel Colombia has contracted with Brazil’s Dedini Industrias to construct a 30 Mgy palm oil based biodiesel plant in Barrancabaermeja. The plant, which will open in 2010, will produce for the domestic Colombian market and US and European exports. The project will be the fifth biodiesel plant built by Dedini, a longtime sugar and ethanol construction giant.
Colombia has been aggressively building out its biofuel capacity, but primarily on the ethanol side. The government announced in January that it will invest US$342 million in three new sugarcane ethanol plants in partnership with USAID and the International Organization for Migration (IMO).
Controlsud International will provide loans to develop the 150,000 acres of sugar cane production.
The Etanol Caribe Colombiano project will be located in the Bolivar, Cordoba and Sucre regions, and will be operational by the end of 2010. Total production capacity is 96 Mgy; the ethanol will be sold in Colombia as well as exported.
Colombia has an E10 mandate in place.
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