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Bunge in Joint Venture with Acciona for Biodiesel Plants in Spain

Bunge Iberica, the Spanish operating arm of Bunge Limited, has formed a joint venture with renewable energy company Acciona and other local partners to build two biodiesel plants in Spain.

The proposed plants will be located adjacent to Bunge’s newly constructed oilseed processing plants and vegetable oil refineries in Bilbao and Cartagena. Bunge will be a minority investor.

As part of the joint venture, Bunge will supply the biodiesel plants with soybean oil from its co-located facilities, and Acciona will manage biodiesel production. The biodiesel plant in Bilbao is expected to have a capacity of 200,000 metric tonnes (60 million gallons US) year. Bunge’s port-based oilseed processing plant commenced operations in Bilbao in August 2006. The oilseed processing plant and refinery in Cartagena is expected to be fully operational in early 2007.

Repsol YPF, Spain’s largest refiner of petroleum, will purchase the end-product from the biodiesel plants. In March 2006, Acciona and Repsol reached an agreement to develop new plants near Repsol’s crude oil facilities, including those in Bilbao and Cartagena.

Comments

allen Z

If they are doing biodiesel, then they should go with algae oil/bimass production. Oil seeds/crops get 50-200 ga/acre; Algae gets 5,000+ ga/acre. You can pipe in treated flute gas, from gas/oil fired powerplants, and claim carbon credits too. There are designs that do not involve ponds, but panels and pipes instead.
_They can also use the waste heat from the plants, to dry the algae during processing. The oils could then be separated via chemical/mechanical processes, after which they can be used for biodiesel or other fuels. The leftover biomass could be used as aquaculture feed, or as feedstock for BTL/BTC (biomass to chemicals) production.

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