Industrial Manufacturing
LATIN-AMERICAN INDUSTRIAL BRIEFS
Arauco, a Chilean biomass power producer has completed a sale of carbon credits to Tokyo Electric Power Corporation (Tokyo, Japan).
Released Tuesday, July 17, 2007
Researched by Industrial Info Resources
Power
Chilean Biomass Power Producer Sells Carbon to Japan
Arauco, a Chilean biomass power producer has completed a sale of carbon credits to Tokyo Electric Power Corporation (Tokyo, Japan). The producer has developed three biomass projects, which are waste wood fired.
The agreement is the first for a Chilean biomass producer, and one of the largest worldwide. The fixed price agreement runs to 2012 and covers roughly 500,000 tonnes of emission reductions per year, up to a total of 2.7 million in 2012. In regard to the clean development mechanism dictated under the Kyoto treaty, the projects receive credits for displacing coal and diesel capacity from Chile's electricity grid.
Alstom to Supply Equipment to Estreito Plant in Brazil
Alstom Hydro has been awarded a $125 Million contract by CESTE (Consortium of SUEZ, CVRD, Alcoa and Camargo Correa) for the supply of electro-mechanical equipment to the 1,088 MW Estreito hydroelectric plant, located on the Tocantins River nearby Maranhão and Pará states in Brazil.
Alstoms scope of supply covers six 136 MW generators, busbar, hydro-mechanical and lifting equipment as well as erection supervision. The equipment will be manufactured in the companys facility in Taubaté, Brazil. First unit is scheduled for delivery in June 2010. The construction of Estreitos Plant is expected to cost $1.5 Billion. Alstom Hydro is a joint venture between Alstom (Levallois Perret Cedex, France) and Bouygues (Paris, France).
View Project Report - 67000549
Mexicos President Inaugurates 495-Megawatt Combined-Cycle Plant
Mexicos leader Felipe Calderon inaugurated Tuxpan V, a 495 MW combined-cycle power plant located in Tuxpan Port, Veracruz State, as informed in the presidential web site. Mitsubishi Heavy Industries and Kyushu Electric Power Co. will be responsible for the plants operations. This is MHI's sixth gas turbine combined cycle power plant to be completed and delivered in Mexico.
Tuxpan V, a $ 300 million turn-key project, includes two F type gas turbines (M501F), two heat recovery steam generators and one steam turbine.
View Plant Profile 1063270
Petroleum Refining
PEMEX Reschedules Refinery Shutdown
PEMEX has rescheduled planned maintenance repairs by 1 week on the 137,000 b/d Crude and 50,000 b/d Delayed Coker units at its 195,000
b/d Francisco I Madero refinery located in Ciudad Madero, Mexico due to the problems experienced at the Salamanca refinery early this week. Originally scheduled to begin on July 15, the 17-day turnaround is now set to start on July 21.
Alternative Fuels
American Company Plans $100 Million Biodiesel Project in Paraguay
An American company is planning to invest $100 million in Paraguay to produce and export biodiesel to the United States and Europe, the American Ministry of Industry and Trade said last week.
Biodiesel International Corporation plans to build a plant capable of turning out 1 million barrels per year of biodiesel made from soy, canola and sunflower oil, the ministry said in a statement.
The statement followed a meeting in Asuncion, Paraguay, between executives from Texas-based BIC and representatives of government departments and Petroleos Paraguayos.
Petrobras and Galp to Produce 600,000 Tons of Vegetable Oils per Year
Brazilian state-run oil firm Petrobras and Portugals largest energy company, Galp Energia recently signed an agreement for a biofuels joint venture. The deal aims to produce 600,000 tons of vegetable oils per year in Brazil, along with biodiesel marketing and distribution in the Portuguese and European markets. The agreement of the partnership was signed on Wednesday, July 4, in the sidelines of the Brazil-European Union Summit held in Lisbon.
It was announced that both companies should have 50% in the new partnership in order to promote the investments. According to Manuel Ferreira de Oliveira, the President of the Portuguese company, the undertaking requires an investment of approximately $480 million and should be running by 2010. For more information, view related news article - Petrobras and Galp Energia Form Biofuels Joint Venture to Produce 600,000 Tons of Vegetable Oils per Year By 2010.
Industrial Info Resources (IIR) provides marketing communication services ranging from industrial database solutions to market forecasting, custom analytics, and specialty promotions that support high-level image campaigns.
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