(Notícia em Inglês)
Colombia's state-owned Ecopetrol is aiming for dramatic growth in biofuels production by 2020 to capture what could be a rapidly-growing domestic market.
Ecopetrol plans to invest $516 million in biofuels to 2020, developing new capacity in sugarcane ethanol and palm oil biodiesel.
The firm is producing 100,000 tons per year (2,000 barrels per day) of biodiesel through its 50%-owned subsidiary Ecodiesel, which began producing in mid-2010. And Ecopetrol plans to invest $282 million to create 480,000 liters per day of ethanol production capacity through its 88%-owned subsidiary Bioenergy by the end of 2012.
This will bring Ecopetrol's total biofuels production to 180,000 tons per year by 2013, a sharp increase over 100,000 tons per year in 2011.
And three additional projects--100,000 ton per year Ecodiesel 2, 100,000 ton per year Etanol, and 70,000 ton per year Bioenergy 2--will bring the total to 450,000 tons per year by 2020.
energy.aol.com»
Colombia's state-owned Ecopetrol is aiming for dramatic growth in biofuels production by 2020 to capture what could be a rapidly-growing domestic market.
Ecopetrol plans to invest $516 million in biofuels to 2020, developing new capacity in sugarcane ethanol and palm oil biodiesel.
The firm is producing 100,000 tons per year (2,000 barrels per day) of biodiesel through its 50%-owned subsidiary Ecodiesel, which began producing in mid-2010. And Ecopetrol plans to invest $282 million to create 480,000 liters per day of ethanol production capacity through its 88%-owned subsidiary Bioenergy by the end of 2012.
This will bring Ecopetrol's total biofuels production to 180,000 tons per year by 2013, a sharp increase over 100,000 tons per year in 2011.
And three additional projects--100,000 ton per year Ecodiesel 2, 100,000 ton per year Etanol, and 70,000 ton per year Bioenergy 2--will bring the total to 450,000 tons per year by 2020.
energy.aol.com»