The market of bioethanol in a nutshell

The market for sustainable fuels is largely created out of the necessity to diversify the primary feedstock for fuel production, moving away from fossil based to more sustainable resources. With the Paris Climate Agreement in mind and all the legislative actions on (inter)national scale that were derived from this, governments now push for more sustainable energy production in the broadest sense of the word.
Biondoil targets the production of approximately 80,000 tons per annum of second generation bioethanol, a blending component for fuel production. Three main by-products that the refinery will produce are lignin, CO2 and, out of the waste water treatment, a biogas, to be upgraded to LNG.
The market for second generation fuels is a global market. Biondoil will focus on the European Union as its primary market. The European Union back in June 2018 agreed on a final text for a new energy directive. The Renewable Energy Directive II (RED II) in which it sets forth targets for the overall energy consumption from renewable energy sources to 32% by 2030.
Fuel suppliers will have to supply a minimum of 14% of the energy consumed by road and rail transport as renewable energy. As a subtarget of this goal there is a dedicated target for advanced biofuels produced from alternative feedstocks (second or next generation biofules). These feedstocks need to be sustainable with certified production cycles and most importantly, not alternatively be used as a food source.

Biomass what and how; feedstock for 2nd generation biofuel or biochemical refineries

Biomass as a replacement for the use of fossil fuels is a trending topic in the climate change discussion. Myths and facts ranging from "each harvested tree is a stepping stone to the destruction of the earth" to biomass is "the solution" in our struggle to get control in managing CO2 reduction / the climate heating process. Interested in a weighed perspective about biomass?: read our more detailed insight in biomass explained.

For more information about our other business models (next to our biofuels and biochemicals business models):