Indian engineers get contracts in Belgium for development of ethanol complex
Quicknote bioenergy economics
Fears of a one-way traffic whereby European and American companies go South to capture the biofuels market and its related opportunities, are unfounded. Reality even shows the opposite, with more and more specialised companies from emerging economies (such as India and Brazil, or even Malaysia and Indonesia) going North to invest in or to capture lucrative contracts in the booming bioenergy sector (earlier we reported on Malaysian biofuel investments in Rotterdam).
One example: Praj Industries Ltd, an Indian provider of technology and equipment solutions for alcohol and fuel ethanol, announced it has tied up with Biowanze SA, a major biofuel investor, to provide technology for a proposed bioethanol complex in Belgium. Biowanze is pouring some €200 million into the complex, one of Europe's largest, which will bring economic opportunities to 10,000 farmers. Praj's first order, which only covers the designing phase of the complex, is worth around € 2 million.
In a filing on the Bombay Stock Exchange, Praj said it would provide licence and engineering services for the core bioethanol process plant in areas such as liquefaction, fermentation, multi-pressure distillation, dehydration and vinasse evaporation for the bio-ethanol complex at Wanze in Belgium, estimated to have a capacity of 300,000 cubic meters per annum. By using Praj's technology, wheat and beet syrup to be used as feedstock at the proposed facility is expected to go on stream during the second half of 2008, it added.
Biowanze SA is a subsidiary of CropEnergies AG, a leading producer of bioethanol in Europe. CropEnergies AG is owned by the Suedzucker Group, having interests in 44 sugar and ethanol factories spread across Europe and major biofuel investments outside the EU (earlier post) [entry ends here].
ethanol :: biomass :: bioenergy :: biofuels :: energy :: sustainability :: Belgium :: India ::
Fears of a one-way traffic whereby European and American companies go South to capture the biofuels market and its related opportunities, are unfounded. Reality even shows the opposite, with more and more specialised companies from emerging economies (such as India and Brazil, or even Malaysia and Indonesia) going North to invest in or to capture lucrative contracts in the booming bioenergy sector (earlier we reported on Malaysian biofuel investments in Rotterdam).
One example: Praj Industries Ltd, an Indian provider of technology and equipment solutions for alcohol and fuel ethanol, announced it has tied up with Biowanze SA, a major biofuel investor, to provide technology for a proposed bioethanol complex in Belgium. Biowanze is pouring some €200 million into the complex, one of Europe's largest, which will bring economic opportunities to 10,000 farmers. Praj's first order, which only covers the designing phase of the complex, is worth around € 2 million.
In a filing on the Bombay Stock Exchange, Praj said it would provide licence and engineering services for the core bioethanol process plant in areas such as liquefaction, fermentation, multi-pressure distillation, dehydration and vinasse evaporation for the bio-ethanol complex at Wanze in Belgium, estimated to have a capacity of 300,000 cubic meters per annum. By using Praj's technology, wheat and beet syrup to be used as feedstock at the proposed facility is expected to go on stream during the second half of 2008, it added.
Biowanze SA is a subsidiary of CropEnergies AG, a leading producer of bioethanol in Europe. CropEnergies AG is owned by the Suedzucker Group, having interests in 44 sugar and ethanol factories spread across Europe and major biofuel investments outside the EU (earlier post) [entry ends here].
ethanol :: biomass :: bioenergy :: biofuels :: energy :: sustainability :: Belgium :: India ::
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