Chemoprojekt forms JV for biodiesel production

Chemoprojekt, a Czech Republic-based company specialising in design, engineering and procurement, has formed a joint venture with Nationwide Asset Management.

The 50/50 joint venture has been named FAME Usti nad Labem and will be used for biodiesel production.

The new joint venture will be in charge of the operation of a biodiesel plant that will produce 100,000 tonnes of FAME each year. Production began nearly one year ago in the facility, which is located in Usti nad Labem, at industrial zone of Setuza, Czech Republic.

Chemoprojekt built this biodiesel plant and also supplied the crushing mill facility and biodiesel plants in the past for companies such as Preol, Lovosice and Meroco, Leopoldov; companies based in the Czech Republic and Slovakia.

The new JV took over experienced plant operators as well as raw material supply agreement with neighbouring oilseeds crushing mill in Usti nad Labem.

The plant’s location has good connection with road and railway transport, as well as the opportunity to ship via the river port in the future.

The facility also produces fatty acids and technical grade glycerine, which is sold on to Oleochem, a neighbouring company that produces pharmaceutical grade glycerine.