Nigeria Explores Biofuels Production

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Researched by Industrial Info Resources (Sugar Land, Texas)--Biomass refers to any organic material which can be used to generate fuel, such as crops, wood, grasses, and waste materials. The most prominent types of biofuels include bio-oil, biodiesel, bioethanol, bio hydrogen and biogas, which can be produced via numerous processes such as chemical, thermal or biochemical methods.

In Nigeria, there are currently 10 ongoing biofuel projects worth US$1.68 billion, primarily for the production of bioethanol. The largest of these is Nigerian National Petroleum Corporation's (Abuja, Nigeria) US$1 billion bioethanol plant that will produce more than 13 million gallons per year when completed in 2026. Subscribers to Industrial Info's Global Market Intelligence (GMI) Alternative Fuels Project Database can learn more by viewing by the project report.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).