The Tyumen Oblast Plans to Produce Biofuel

25.05.2009 — News

THE TYUMEN OBLAST.

Russia's second plant for high-level pulp waste processing and biofuel production is to be built in the Tyumen Oblast. The estimated investment in this project is 60 million U.S. dollars.

The Tyumen Oblast Government told RusBusinessNews that the plant, which is to be built in the Uvatsky District, will have an annual capacity of 290 thousand cubic metres of processed pulp. The plant is expected to produce 30 thousand tones of biobutanol, 3 thousand tones of acetone, 59 thousand tones of fuel pellets, and 13 thousand tones of fodder yeast protein each year. The products are supposed to be distributed in the Urals Federal District and in Kazakhstan. The plant is scheduled for commissioning in two years.

PARTICOM is the management company which will hold the majority interest and provide the production site, raw materials, and staff. OAO Biotechnology Corporation, the second shareholder, will take care of the licenses and technology required for biofuel production, as well as technical regulations, and will solve the issues of funding and providing guarantees and pledges to the Russian Technologies State Corporation.

The first plant for high-level pulp waste processing and biofuel production was commissioned in 2007 in the Irkutsk Oblast. Over 500 million roubles were invested in this project.