29 Jul '14, 2pm

Biomass: M&G Chemicals enters into JV with Anhui Guozhen (PRC): Primary goal of partnership is to build the wo...

Under the terms of the joint venture, Anhui M&G Guozhen Green Refinery Co, Ltd (the "Green Refinery JV") will employ PROESA technology licensed by Beta Renewables to convert 970,000-1,300,000 metric tons per year of agricultural residues into cellulosic ethanol, glycols and by-products (such as lignin) in Fuyang City, Anhui Province, PRC. The biomass will be supplied by Guozhen under a long-term fixed price agreement, and the enzymes needed for the conversion of the biomass will be supplied by Novozymes. M&G and Guozhen shareholding in the Green Refinery joint venture are 70% and 30%, respectively, and the total joint venture investment is estimated to be around USD 325 million. "This is a very important project, not only for Guozhen Group and M&G but also for Fuyang City, as it will create a green and sustainable environment for Fuyang and bolster the local economy," Li W...

Full article: http://www.renewableenergyfocus.com/view/39531/biomass-m-...

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How would you like to swim in a natural pool with no nasty chemicals?

How would you like to swim in a natural pool wi...

inhabitat.com 04 Aug '14, 2am

are already quite popular in Europe and are gaining interest in the US. Companies like Clear Water Revival (UK) and Total ...