Clariant set to produce advanced bio-fuels from agricultural waste or non-food crops
The Swiss company has inaugurated plant in Romania. The CEO highlighted that production meets the principles of the circular economy
Converting bales of straw into ethanol is becoming a highly profitable business in Europe. The Swiss chemical company Clariant has just opened a plant in Romania to produce so-called advanced bio-fuels, using agricultural waste or non-food crops to make fuels that can be blended with petrol and diesel. This is a better solution from an environmental point of view, compared to first-generation ethanol currently on the market, which comes from food products such as sugar or corn.
According to the CEO of Clariant, Conrad Keijzer, carbon savings with the new approach will make ethanol more profitable than existing processes. “We expect to double the price compared to the first generation,” Keijzer added in explaining that this is possible “because it is legislated”. Clariant’s technology could also be used in chemicals and aviation. “This is a prime example of a circular economy solution”, he concluded.
The Swiss company built the plant primarily to promote its technology, which it now hopes to license to other companies. The European Union has set a target whereby advanced biofuels should make up 0.2% of all fuels by next year; the percentage should then increase to 2.2% by 2030.