[Biodiesel News] Biodiesel refinery plans closer to final
Biodiesel refinery plans closer to final
Redwater Tribune -
Redwater Tribune —
The plant, to be built in 2007 and operational in 2008,will produce biodiesel from canola oil produced by Bunge.
Biodiesel is a clean burning motor fuel that can be used by vehicles without engine modification if used at a limit of 20 parts biodiesel (B20) to 80 parts diesel
The industry usually uses much less such as B2 or B5.
“It is a well-proven fuel in other jurisdictions,” said Ian Thomson, president of Canadian Bioenergy.
Thomson said
When built, the Canadian biodiesel plant in
But plant cost estimates are rising and the latest price is about $45 million.
“The costs are going up half a per cent a month,” said Thomson.
There appears to be no shortage of investors, most of the money coming from the
“The Canadian investor isn’t as educated about biodiesel,” he said.
Some who are have a passion for it.
“We had a telephone call from a fellow in
He has similar feelings about the technology.
“This is more than a job to each one of us.”
There are few biodiesel operations, one in
Canadian Biofuels Corporation has been importing biodiesel fuels from the
The company began a pilot project in 2004 in the City of
The following year the city began putting some garbage trucks on biodiesel and the use has grown in the city since then.
There is no competition in the marketplace as yet for the product, Thomson said.
“We are more worried about growing a market than we are about competition.”
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