NewswireToday - /newswire/ -
Delhi, New Delhi, India, 2006/12/27 - A Belgian and Dutch investors' consortium, after acquiring a methanol plant in the Netherlands, is equipped to transform the plant into the 1st bio-methanol plant in the world.
A syndicate of Belgian and Dutch investors is said to have acquired a methanol plant in the Netherlands. The consortium intends to convert it into the first bio-methanol plant in the world, which will produce one billion liters of green petrol every year.
The plant in Delfzijl - Northeast of Netherlands from DSM, Dynea, and Akzo Nobel - has been acquired by the investors namely BioMethanol Chemie Holding. A few months back this plant was pulled out of production, due to stiff competition from oil producing countries that make use of their superfluous natural gas for producing inexpensive fossil methanol.
In the coming months, necessary changes would be made and then the plant would start exclusive production of bio-methanol. This plant would be the first bio-methanol plant in the world with substantial capacity, as per the CEO of BioMethanol Chemie Paul Hamm.
The plant will make use of an innovative and highly efficient process for making bio-methanol through glycerin, an offshoot of bio-diesel, which is also a sort of renewable green fuel derived from oil containing plants.
Expressing his views on this subject a research analyst at RNCOS, who has recently done a report named "Biofuel Market Worldwide (2006)", said, "There's a great demand for production of biofuel. Since, it's a better, economical, and no doubt more environment friendly way of adding bio-components than ethanol's usage. And, Dutch could poise a big challenge before other countries by augmenting its biofuel production."
RNCOS report "Biofuel Market Worldwide (2006)" also addresses the issues and facts that are critical to your success, such as:
- The key market trends in the Biofuel industry
- Existing cost analysis of Biofuel
- Regional markets differ due to their policies and trends
- What the Biofuel market will look like after four years from now?
- Prospects that exist for Biofuel in the global market
- What are the driving factors for the Worldwide Biofuel market?
- The market is affected by other factors prevailing in the economy
- What are the various government support programs and major Biofuel projects?
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.