Ethanol plant awaits 10pc mandate
Friday July 3, 2009, 11:33 am
The chairman of the Manildra Group, Dick Honan, says the Bomaderry ethanol plant will be able to produce half of New South Wales' ethanol needs when a 10 per cent ethanol mandate is implemented.
A number of country Labor MPs, including the Minister for Lands, Tony Kelly, toured the plant, on the state's south coast, yesterday.
The plant is currently undergoing a $200 million expansion after the introduction of a 2 per cent ethanol mandate in 2007.
Mr Honan says the expansion will be finished in time for a 10 per cent mandate the Government promised to introduce in 2011.
"That will bring us to approximately 300 million litres of ethanol, a 10 per cent mandate will require approximately 600 million litres," he said.
Fri 3rd July 2009 - 11:33am
Previous Article: Palmer buys Townsville BHP refinery
Next Article: GM bankruptcy exit hearing closes
Next Article: GM bankruptcy exit hearing closes
Latest news:
- Pension rise hit by rate rises- report
- Beaconsfield gold production shrinks
- S -amp P raises Ukraine ratings on new-found stability
- FEA govt lifeline denied
- UBS warns US deal flop could hurt other Swiss banks
- EU ministers to map out Greek rescue plan
- Vattenfall sells German power grid to Australian fund
- Bosch says to reopen locked Indian unit after pay dispute
- EU ministers to mull Greek rescue plan
- Oil prices climb towards -amp 3683 on upbeat IEA report
Last 7 days news:
- Todays News (14)
- 12th March 2010 (90)
- 11th March 2010 (125)
- 10th March 2010 (104)
- 9th March 2010 (105)
- 8th March 2010 (77)
- 7th March 2010 (8)
