M&G Chemicals, among the three largest producers of PET resin for packaging applications in the world, announced last Monday its decision to construct a second-generation biorefinery in the region of Fuyang, Anhui Province of China, for the conversion of one million metric tons of biomass into bio-ethanol and bio-glycols.
The project is expected to be realized through a joint-venture with Chinese company Guozhen which will make available one million metric tons of straw biomass and use the lignin resulting as a by-product from the bio-refinery to feed a 45 MW cogeneration plant which will be constructed at the same time as the bio-refinery in the same site. M&G Chemicals will be majority partner of the biorefinery and minority partner of the power plant.
IL BIOECONOMISTA 