C$80 million biorefinery expansion in Quebec
A biofuel plant based in Quebec, Canada, is to undergo expansion as part of the country’s support for grain-based fuel as an alternative to petrol. The expansion will also create new jobs for the locals.
Using fuel produced from grain has been found to lower carbon emissions by as much as 40%, while biodiesel can reduce the production of greenhouse gases (GHGs) by 60%.
The Verennes facility, owned by Canada’s largest ethanol producer GreenField, will receive C$79.75 million (€56.5 million) in funding over the next seven years, starting with the expansion.
This development will result in the plant’s capacity increasing from 120 million to 145 million litres of ethanol every year.
Canada has set aside C$1.5 billion for the biofuel industry over the next nine years.
Using fuel produced from grain has been found to lower carbon emissions by as much as 40%, while biodiesel can reduce the production of greenhouse gases (GHGs) by 60%.
The Verennes facility, owned by Canada’s largest ethanol producer GreenField, will receive C$79.75 million (€56.5 million) in funding over the next seven years, starting with the expansion.
This development will result in the plant’s capacity increasing from 120 million to 145 million litres of ethanol every year.
Canada has set aside C$1.5 billion for the biofuel industry over the next nine years.
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