Tag: Invest

Bionas to invest $70 billion in Ugandan bioeconomy over 25 years

Bionas to invest $70 billion in Ugandan bioeconomy over 25 years

February 27, 2018 |

In Uganda, Bionas East Africa Group Limited, a subsidiary of Bionas Agropolitan Technology Corridor (BATC) Development Berhad, will invest $70 billion over the course of 25 years in four major bio-based economy projects based on jatropha that will create more than 1.8 million jobs. From a certified regime of the best technologies for jatropha seeds, […]

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REG to invest another $5 million into Grays Harbor facility

REG to invest another $5 million into Grays Harbor facility

October 13, 2016 |

In Washington state, Renewable Energy Group has secured an additional $5 million credit facility to further investments in upgrades to its Grays Harbor biodiesel plant it purchased from Imperium Renewables last year. The financing is on top of the $5 million secured to start upgrades, but the Pacific Northwest market has been strong enough to […]

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Andersons Marathon Ethanol to invest $1.2 million in upgrades for Greenville plant

Andersons Marathon Ethanol to invest $1.2 million in upgrades for Greenville plant

September 7, 2016 |

In Ohio, $1.2 million in upgrades are planned for the Andersons Marathon Ethanol joint venture 110 million gallon facility in Greenville. Planned works include adding a processing tank for its distilling process in an effort to keep the 2008 facility up to date. The Andersons teamed with Marathon in the joint venture in 2006, with […]

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Queensland to invest A$20 million to become Asia-Pacific biofuel hub

Queensland to invest A$20 million to become Asia-Pacific biofuel hub

June 6, 2016 |

In Australia, the Queensland premier has announced A$20 million in funding towards developing the state’s biofuels industry in hopes of converting the A$100 million sector into a A$1 billion sector in 10 years as the Asia-Pacific hub for biofuels. Currently 160 million liters of biofuel is produced in the state. The move is to compliment […]

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Balrampur Chini to invest $31.2 million to upgrade ethanol production

Balrampur Chini to invest $31.2 million to upgrade ethanol production

May 27, 2015 |

In India, Balrampur Chini will invest $31.2 million to adopt or expand incineration technology to boost ethanol production at its distilleries in Balrampur, Babhnan and Mankapur. The company has 11 mills in Uttar Pradesh.

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Red Rock to hold community meeting on March 2 for aviation biofuel plant

Red Rock to hold community meeting on March 2 for aviation biofuel plant

February 24, 2015 |

In Oregon, Red Rock will hold an informational meeting on March 2 with the local community in Lakeville where it plans to invest in a $200 million aviation biofuel project. The project would produce 12 million gallons of fuel from 140,000 tons of woody biomass waste.

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Zimbabwe to invest $6 million in ethanol storage

Zimbabwe to invest $6 million in ethanol storage

February 11, 2015 |

In Zimbabwe, the country’s oil infrastructure company is planning to invest $6 million in a 5 million liter ethanol storage tank at its main depot in Harare to facilitate blending. The move is to stave off future potential ethanol shortages like was experienced recently when rains kept Green Fuel from harvesting cane.

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Pannonia Ethanol to expand Hungarian ethanol production to 450 million liters

Pannonia Ethanol to expand Hungarian ethanol production to 450 million liters

December 10, 2014 |

In Hungary, Pannonia Ethanol is set to invest EUR30 million to expand production capacity at its corn-based plant in Dunaföldvár, partly financed by the Magyar Export Import Bank. Production will reach 450 million liters, up from the current 220 million liters, after the expansion project is completed.  

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Bio Revolution Americas to invest $200 million in Bahaman pongamia project

Bio Revolution Americas to invest $200 million in Bahaman pongamia project

December 8, 2014 |

In the Bahamas, Bio Revolution Americas plans to invest $200 million in a pongamia biodiesel project based on an outgrower model that would spread across unused arable land on several islands. The company says it has already installed two oilseed crushing plants in the US and plans to install six more in the next two […]

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NFR BioEnergy to invest $312 million to install biorefineries at 10 sugar hubs

NFR BioEnergy to invest $312 million to install biorefineries at 10 sugar hubs

September 16, 2014 |

In Louisiana, Gov. Bobby Jindal and Frank Randazzo, chief operating officer of NFR BioEnergy, have announced the company will make a $312 million capital investment to install biorefineries at more than 10 sugar refining hubs in south Louisiana, subject to completing lease and biomass agreements with sugar mills. NFR BioEnergy will convert sugar cane waste, […]

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