Finland’s Chempolis in talks biorefinery plant in India

Finland’s Chempolis in talks for biorefinery plant in India

10:13 AM, 22nd September 2012
Finland’s Chempolis in talks for biorefinery plant in India

OULU, FINLAND: Chempolis Limited is in talks with Indian sugar companies to set up a biorefinery in the South Asia nation. The company, which provides technology that allows raw materials like sugar-cane pulp, bamboo and straw to be converted into biofuels, expects to finalize a deal by the second quarter of next year, it said in an e-mailed response to questions, by the news agency, Bloomberg.

Chempolis technology includes formicofib process, a technology for biorefining non-wood raw materials into papermaking fibre for paper and board, packaging, and hygiene products. The other is the formicobio technology, which processes non-food raw materials into cellulosic ethanol.

A biorefinery in India would probably be based on bagasse, a pulpy waste left over after juice is extracted from sugar cane, said Chempolis. It declined to identify the sugar companies with whom it’s negotiating.

Such projects typically cost as much as €40 million ($52 million), it said. They produce 15,000 tonne to 30,000 tonne of ethanol a year and take 18 months to 24 months to build, it said.

In recent times, Chempolis has increased its focus on the South Asia region. It also aims to co-operate with Chinese companies to establish commercial-scale biorefinery projects in Chongqing, China.

© WOC News

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