In California, Greenbelt Resources Corporation announced commencing Phase 1 of the “California BioEthanol Project,” a three-phased initiative to convert Greenbelt’s Commercial Scale Testing Facility into a commercial-scale production biorefinery. Upon Phase 1 completion, the biorefinery will produce approximately 1.37 million pounds of protein concentrate and 75,000 gallons per year of bioethanol. Announced earlier this year, the total estimated investment for the California BioEthanol Project is $3.25 million.
The company estimates the production facility will begin generating sales within the first eight weeks of commissioning. Phase 2 will add a second production system followed by Phase 3 that will expand the production capacity of Phase 1 and reduce cost of per gallon production. Phase 3 will more than double the bioethanol production to 200,000 gallons per year.
Category: Producer News