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Released July 26, 2012 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--INEOS New Planet BioEnergy LLC, a joint venture of INEOS Bio (Gladbeck, Germany) and New Planet Energy Florida LLC (Vero Beach, Florida), says that its cellulosic-based ethanol production facility in Indian River County, Florida, is now on target with expectations of an August 2012 start of production. For more information, see August 4, 2012, article - INEOS New Planet Energy Says Cellulosic Ethanol Production a Year Away.
The original plan was to have the plant up and running by the spring of 2012. The timetable ran over about four months behind schedule due to a lengthy evaluation of the contractor building the plant, AMEC (Tucker, Georgia).
Construction started on the estimated $130 million plant back in February 2011. The first-of-its-kind waste-to-ethanol plant will process some 150,000 tons per year of grass clippings, tree cuttings, waste wood and agricultural plant debris into 8 million gallons per year of fuel ethanol. Included in the project is a 6.3-megawatt electric power generating unit that will correspondingly run off of biomass.
INEOS has several chemical production facilities across the U.S. Facilities in Texas have nearly $200 million is capital. These facilities have maintenance projects scheduled for 2011 and beyond. The company also has plants in Ohio, Louisiana, Indiana, Illinois and Alabama. These plants have nearly $60 million in planned projects and maintenance activity in the works.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
The original plan was to have the plant up and running by the spring of 2012. The timetable ran over about four months behind schedule due to a lengthy evaluation of the contractor building the plant, AMEC (Tucker, Georgia).
Construction started on the estimated $130 million plant back in February 2011. The first-of-its-kind waste-to-ethanol plant will process some 150,000 tons per year of grass clippings, tree cuttings, waste wood and agricultural plant debris into 8 million gallons per year of fuel ethanol. Included in the project is a 6.3-megawatt electric power generating unit that will correspondingly run off of biomass.
INEOS has several chemical production facilities across the U.S. Facilities in Texas have nearly $200 million is capital. These facilities have maintenance projects scheduled for 2011 and beyond. The company also has plants in Ohio, Louisiana, Indiana, Illinois and Alabama. These plants have nearly $60 million in planned projects and maintenance activity in the works.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
