GREENERGY Fuels Ltd, a fuels business with annual sales of £1-billion and a leader in the supply of premium quality biofuels, has announced that it has joined forces with shareholder Tesco to service the rapidly growing European biofuels market. Used as a blend in standard fuel mixes, biodiesel can provide security of supply through UK sourcing, and reduce the greenhouse gas emissions required if climate change commitments in the transport sector are to be met.
The partnership will enable Greenergy to extend its existing domestic and European biodiesel supply operations by building the UK's largest single-line biodiesel production facility.
Capitalised at over £10-million and scheduled to open in the second quarter of 2006, subject to the usual consents, the plant will initially have 100,000 tonnes per annum production capacity. Its intended location at Immingham on the Humber Estuary will allow cost-effective distribution across the UK and into Europe with supply of ****seed, the main oilseed for the facility, secured under existing contracts with the UK farming community.
Biodiesel is a diesel produced from the chemical conversion of agricultural oils, such as ****seed oil, produced by crushing ****seed. It is located on the east coast of England, and its markets are within the UK and mainland Europe. In Europe, biodiesel demand is rising sharply, driven by governments’ response to the European Biofuels Directive, which requires them to set targets for biodiesel usage in their country as a proportion of total diesel usage. The targets are progressive, starting at two per cent of the diesel market (350,000 tonnes of biodiesel) in 2005 and rising to 5.75 per cent (1.2-million tonnes) by 2010. The 2005 target is a five-fold increase on current biodiesel usage levels in the UK
Looks like we will soon have the real option to grow crops for energy.
2010 use would see double todays total UK canola production going for energy.
What would that do to markets both yours and mine?
EU directive too so not just UK but most of Europe today would need to use renewables.
The partnership will enable Greenergy to extend its existing domestic and European biodiesel supply operations by building the UK's largest single-line biodiesel production facility.
Capitalised at over £10-million and scheduled to open in the second quarter of 2006, subject to the usual consents, the plant will initially have 100,000 tonnes per annum production capacity. Its intended location at Immingham on the Humber Estuary will allow cost-effective distribution across the UK and into Europe with supply of ****seed, the main oilseed for the facility, secured under existing contracts with the UK farming community.
Biodiesel is a diesel produced from the chemical conversion of agricultural oils, such as ****seed oil, produced by crushing ****seed. It is located on the east coast of England, and its markets are within the UK and mainland Europe. In Europe, biodiesel demand is rising sharply, driven by governments’ response to the European Biofuels Directive, which requires them to set targets for biodiesel usage in their country as a proportion of total diesel usage. The targets are progressive, starting at two per cent of the diesel market (350,000 tonnes of biodiesel) in 2005 and rising to 5.75 per cent (1.2-million tonnes) by 2010. The 2005 target is a five-fold increase on current biodiesel usage levels in the UK
Looks like we will soon have the real option to grow crops for energy.
2010 use would see double todays total UK canola production going for energy.
What would that do to markets both yours and mine?
EU directive too so not just UK but most of Europe today would need to use renewables.
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