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Oboronprom unit to invest up to 7 bln rbl in 2d generation biofuels near Irkutsk

© [2008] PRIME-TASS News Agency All Rights Reserved

IRKUTSK, Aug 6 (Prime-Tass) -- Biotechnologies Corporation, which is a part of Russia's united industrial corporation Oboronprom, plans to invest between 6 billion rubles and 7 billion rubles by 2011 in biofuel production and the advanced processing of wood wastes in the Irkutsk Region, Vladimir Khamatayev, general director of the East-Siberian Biotechnologies Plant, said at a news conference Wednesday.

The East-Siberian Biotechnologies Plant, the site of the former Tulunsky Hydrolysis Plant, is currently conducting the first phase of biofuel production.

If the project is successful, biofuel production will commence at the Ziminsky, Biryusinsky, and Ust-Ilimsky hydrolysis plants, which are currently closed.

The East-Siberian Biotechnologies Plant plans to produce the first "pilot" tonne of biobutanol in September. Biobutanol is expected to be produced from processed timber products.

 

Date:  07.08.2008


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