Sustainable biodiesel down under

Australia will soon have its first fully self-sustainable biodiesel plant operating in the next few weeks.

The plant, situated in Moree, New South Wales, will use algae ponds to create biodiesel, stock feeds and water for the local community.

Talks about the new plant began 12 months ago between CubicQED and the Moree Plains Shire Council.

The plant has garnered significant interest from institutional investors, which are seeking green industry sustainable projects.

The plant will produce biodiesel and would be available to local farmers at competitive prices.

CubicQED director Philip Nelson said: ‘The price of our biodiesel will not be governed by the US price per barrel so it won’t incur the fluctuating fuel prices’.

184 queries in 1.111 seconds.