28 July 2014
M&G Chemicals is among
* the three largest producers of PET resin
for packaging applications in the world, and
* the second largest in the Americas,
in terms of nominal capacity with 1,600 kMT/year,
and with almost 1.4 MMtons/year of installed prime capacity,
and employs more than 900 employees
in more than 14 locations
in six countries around the world.
In 2013 M&G Chemicals posted
an annual revenue of 1,675 million Euro.
Proesa™ belongs to the so-called
“second-generation” technologies
which allow the use of the sugars present
in lignocellulosic biomass
to obtain fuel and other chemicals with
lower greenhouse gas emissions and
at competitive costs compared
to fossil fuels (oil, natural gas).
It is the result of an investment of
over 150 million Euro,
started by Biochemtex in 2006.
The Proesa™ technology was designed to
use non-food biomass,
like rice straw and sugarcane bagasse.
Thanks to the efficiency of the Proesa™ process,
non food sugars can be obtained
at competitive costs and
without incentives, thus enabling
a widely spread use of bio-products from renewable sources.
Extensive agronomic studies have been conducted for
the development of this technology,
accompanied by a logistics modelling.
Before being applied for the first time in Crescentino,
Proesa™ was tested at length
in the Rivalta Scrivia (Alessandria) pilot plant,
which boasts a capacity of 1t/day of biomass treated.
The technology is protected by 14 patent families,
4 of which are public.
The cost of the product is
competitive compared to oil (70 dollars / barrel)
The industrial plants can be adapted to local conditions.
The balance between the CO2 produced
in the industrial cycle and that absorbed by
the biomass feedstock is approximately neutral,
with reference to Directive 2009/28/EC.
The separated lignin is used to obtain energy.
During the processing,
biogas is generated as another energy source.
No land is subtracted to food crops and
this does not affect their price to the consumer.
Dependence on fossil fuels is reduced as well as
the impact on greenhouse gas emissions.
ABOUT GUOZHEN GROUP, WWW.AHGZE.COM
Guozhen Group
is an enterprise in Anhui Province, East China.
With total assets of US$ 800 million,
the group has been mainly involved in the business of
environmental protection,
natural gas, renewable energy,
health and real estate,
operating biomass power plant and CNG filling stations
in Fuyang city.
For further information: www.ahgze.com.cn
Details
M&G Chemicals
today announces that its wholly owned subsidiary
M&G International S.à.r.l ("M&G")
has entered into a Sino-foreign joint venture with
Anhui Guozhen CO, Ltd ("Guozhen").
The company -
Anhui M&G Guozhen Green Refinery CO, Ltd
(the "Green Refinery JV") -
will employ PROESA technology licensed by
Beta Renewables
to convert 970,000-1,300,000 metric tons per year
of agricultural residues into
cellulosic ethanol, glycols and by-products
such as lignin in Fuyang City (Anhui Province, PRC).
* The biomass will be supplied by
Guozhen under a long term fixed price agreement,
* and the enzymes needed for
the conversion of the biomass will be supplied by
Novozymes as earlier announced.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
