BusinessBriefs
PHOTO: BDI-BIOENERGY INT'L
Another biodiesel plant remodeled by BDI-BioEnergy International AG in Volos, Greece, owned by Elin Biofuels S.A., was officially opened in early February. BDI contracted for this major retrofit commission in Greece, worth â‚Ź3.6 million ($4.86 million), at the beginning of 2013. The aim of the retrofit optimization project was to increase both raw material flexibility and the quality of the final biodiesel product. Capacity of the newly optimized facility is about 33,000 tons per year (10 MMgy). The distilled product will meet stricter quality requirements under the new EU biodiesel standard, CEN 14214/2013, according to BDI.
Companies, Organizations & People in the News
Renewable Energy Group Inc. is acquiring renewable chemical technology developer LS9 Inc. for a purchase price of up to $61.5 million in cash and stock, forming REG Life Sciences LLC. REG also broke ground on a $13.2 million upgrade to its Newton, Iowa, biodiesel plant, REG Newton LLC, to allow processing of cheaper feedstocks. The upgrade includes adding distillation. The company also recently formed REG Energy Services LLC to sell petroleum-based heating oil and diesel fuel in the Northeast. Simadan Holding recently announced it is investing â‚Ź65 million ($88.6 million) in a 150,000 ton (45 MMgy) biodiesel plant expansion in Amsterdam. The plant will be operated by Simadan subsidiary Biodiesel Amsterdam. The investment includes a glycerin distillation plant scaled at 50,000 tons per year of pharmaceutical-grade product. According to BDI-BioEnergy International AG, the company contracted for the plant expansion using its multifeedstock technology, Biodiesel Amsterdam began operating its 30 MMgy bio-
diesel refinery—also built by BDI—in 2010. The expansion will bring total plant capacity to 75 MMgy. BDI-BioEnergy says the contract, worth ₏47 million to the company, is its largest commission to date.
Crimson Renewable Energy LP was awarded a $5 million grant from the California Energy Commission’s Alternative and Renewable Fuel and Vehicle Technology Program to support expansion of its biorefinery in Bakersfield, Calif. Crimson expects to begin construction of the first portions of the expansion project this spring, with completion in 2015. The project will allow Crimson to increase use of ultra-low carbon materials such as corn-oil byproduct from ethanol plants.
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