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| You are here: | Comments and remarks to Wim Jonker Klunne |
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South African biodiesel production company First In Spec BioDiesel is planning to build a R250-million (€20 million) biodiesel plant that would convert waste vegetable oil into biodiesel. The company is planning to build a plant to produce 50 million litres a year of biodiesel. The company has already signed letters of intent for about 15 million litres a year of feedstock from companies abroad, as it would be cheaper to import the feedstock from foreign countries. The plant would require 3-4 million litres of feedstock a month to process into biodiesel. The company could bring R50million in equity to the table and is looking to acquire funding for the rest of the project costs. Additional information: First In Spec BioDiesel web site News date: 31/03/2009 |
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