Ineos plans 70m Euro biodiesel plant expansion in Baleycourt, France

The UK chemicals group Ineos will be expanding its Baleycourt, France biodiesel complex with a 70 million Euro (around 104m USD) project that will result in a huge facility that can make 230,000-tons of the biofuel annually (up from 110,000) from 400,000 tons of locally produced rapeseed. The French farming cooperative SICLAÉ and German oil mill operator C Thywissen are partners in the project. Ineos has been making biodiesel at Baleycourt for more than ten years with help from the French government. The expanded facilities are expected to be operational by late 2008.

[Source: Forbes, Ineos]