BDI - BioEnergy International AG / Key word(s): Contract
06.12.2010 10:20
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Graz-Grambach, 6th December 2010. - JSC Mogilevkhimvolokno Organic
Synthesis Factory from Mogilev in Belarus has placed an order to build a
biodiesel plant with BDI - BioEnergy International AG, which is based in
Graz-Grambach. The value of the order is just under EUR 10 million. The
biodiesel plant will have an annual capacity of 50,000 tonnes of biodiesel
that exceeds the specifications of the European biodiesel standard EN14214
by a long way. Daily biodiesel production at the plant in Mogilev, a city
on the Eastern border to Russia with 370,000 inhabitants, will amount to 6
tanker lorries containing 28,000 litres each. Rapeseed oil is the raw
material that will be used to produce the biodiesel. The government is
guaranteeing the land for growing the raw materials required for the plant,
which means that exclusive use will be made of national resources. The
commission for BDI includes all the engineering services, the supply of
specific technical equipment needed to carry out the process, co-ordination
of the construction work and the start-up of the entire plant.
The customer JSC Mogilevkhimvolokno Organic Synthesis Factory is one of the
biggest chemical products manufacturers in Europe with an investment volume
of more than USD 180 million per year. The parent company is the
state-owned Belarus oil and chemicals group Belneftekhim Concern. The
company headed by Sergi M. Puzevich as Managing Director specialises, for
example, in the production of thermoplastics - which are in widespread use
in the packaging industry - and basic materials required when manufacturing
polyesters.
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Information and Explaination of the Issuer to this News:
Wilhelm Hammer, CEO of BDI - BioEnergy International AG: 'The commission
from Belarus is highly significant. The development of alternative energies
from renewable sources is a global trend that cannot be stopped.' By taking
this decision, Belarus is joining the Baltic States in demonstrating the
immense efforts that are being taken to become more independent in the
energy supply field and to switch to a larger extent to alternative energy
generated with raw materials that are available locally.
The government is guaranteeing the land for growing the raw materials
required for the plant, which means that exclusive use will be made of
national resources. 'Implementation of the government's specification that
biodiesel must be added to diesel fuel can be guaranteed in this way.
Speculation with agricultural raw materials, which is the main price
driver, will be curbed as a result', says BDI CEO Wilhelm Hammer, who draws
particular attention to the importance to the country and its inhabitants:
'agricultural incomes will be guaranteed as a result too'. In view of how
complex the world will be in future, he also stresses the huge potential of
the BDI biodiesel plants: 'Together with other alternative energies,
biofuels are a significant way to help in achievement of the necessary
reduction in dependence on crude oil. The big challenge in future will be
to distribute agricultural raw materials justly and not to let them become
the domain of speculators or large corporate groups.'
The customer JSC Mogilevkhimvolokno Organic Synthesis Factory is one of the
biggest chemical products manufacturers in Europe. 'This commission is
convincing proof of the fact that there has already been a process of
rethinking in favour of sustainability and resource minimisation in a
sensitive area of business like this one. By taking this decision to use
alternative energies, the company is playing a pioneering role,
particularly in view of the fact that materials like polyester are
essential features of everyday life nowadays', says BDI CEO Wilhelm Hammer.
Subsequent expansion of the plant from a single-feedstock configuration to
a multi-feedstock configuration, which enables other raw materials like
used cooking oil or animal fat to be processed and which the market and
technology leader BDI can supply as part of its extensive product range, is
a subject that was already discussed when the contract was being signed.
BDI is opting for an enzymatic degumming process instead of a chemical
process in this project. The gum that rapeseed contains and that has to be
removed in the course of processing into biodiesel can be eliminated in a
particularly environmentally sound but at the same time extremely economic
way with the help of this process. Further successful progress made by BDI
in the promotion of even greater sustainability.
About BDI - BioEnergy International AG
BDI - BioEnergy International AG is market and technology leader in the
construction of customised BioDiesel plants using the Multi-Feedstock
process the company has developed itself, which can manufacture BioDiesel
from different raw materials, such as Vegetable Oils, Used Cooking Oils and
Animal Fats.
BDI has specialised in the development of technologies that make optimum
use of resources in the industrial processing of by- and waste products
ever since it was established in 1996 and owns an extensive patent
portfolio that has resulted from its in-house research and development
activities. As a leading constructor of special plants, BDI also supplies
efficient plant concepts in the 'Waste to BioFuels' field that are designed
to obtain high-quality Omega-3 Fatty Acids and to produce BioGas from
industrial and municipal waste in co-operation and synergy with the Enbasys
GmbH, being part of the BDI group. The range of services includes public
authority, basic and detailed engineering, installation and start-up as
well as after-sales support.
BDI - BioEnergy International AG and the companies it consolidates
currently have more than 130 employees. The shares in BDI - BioEnergy
International AG (ISIN AT0000A02177) are listed in the Prime
Standard/Regulated Market at Frankfurt Stock Exchange.
Contact for further information:
Corporate Communications & Marketing
BDI - BioEnergy International AG
Parkring 18
A-8074 Grambach/Graz, Austria
Tel: +43 / 316 / 4009 - 100
Fax: +43 / 316 / 4009 - 110
www.bdi-bioenergy.com
bdi@bdi-bioenergy.com
06.12.2010 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: BDI - BioEnergy International AG
Parkring 18
A-8074 Grambach/Graz
Ãsterreich
Phone: +43 - 316 - 4009-100
Fax: +43 - 316 - 4009-110
E-mail: bdi@bdi-bioenergy.com
Internet: www.bdi-bioenergy.com
ISIN: AT0000A02177
WKN: A0LAXT
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: BDI - BioEnergy International AG: BDI - BioEnergy builds biodiesel plant in Belarus
| Source: EQS Group AG