Abengoa to complete three new ethanol plants in Netherlands, US in Q1 2010, expands global capacity to 687 Mgy

In Spain, Abengoa Bioenergy said that its three new ethanol plants will become operational in Illinois, Indiana and the Netherlands in the first quarter of 2010. The Rotterdam-based plant will have a capacity of 126 Mgy, while the two US-based plants will have 100 Mgy in capacity.

Overall, Abengoa’s capacity will increase to 687 Mgy, and said that Brazilian and US mandates gave the company confidence in the growth in the markets. The company said that shortages of ethanol production may occur in Europe by 2011 because of increased biofuel mandates, but at the present time supply and demand were in balance.

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