November 18, 2013

M&G Chemicals to invest in Chinese Bio-MEG

In Tecnon OrbiChem's October Bio-Materials report, I mentioned the near-term possibility of M&G licensing its biomass-based MEG technology using Beta Renewables' PROESA after the companies, including Novozymes, started operations of their joint venture cellulosic ethanol facility in Crescentino, Italy, last month.

I didn't realize it would be sooner as M&G announced today its decision to construct a $500 million second generation biorefinery in the region of Fuyang, Anhui Province of China, to convert one million metric tons of straw biomass into bio-ethanol and bio-glycols using the PROESA technology.




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