China Integrated Energy, Inc. Procured $12.7 Million of Production Equipment for the New 50,000 Ton Second-Generation Biodiesel Production Facility
(PR Newswire) China Integrated Energy, Inc., a leading non-state-owned integrated energy company in the People’s Republic of China, announced today that it has secured production equipment for its new 50,000 ton biodiesel production facility currently being constructed in Tongchuan City, Shaanxi Province. The equipment, which will be used for producing high-quality second-generation biodiesel, incorporates new technologies using a variety of low-cost feedstock resulting in lower production costs for China Integrated Energy.
The new production facility is being constructed adjacent to the Company’s existing 100,000 ton biodiesel production facility and will expand the Company’s production capacity to 150,000 metric tons.
…In addition to the feedstock used in the first-generation facility (i.e. non-edible seeds, waste cooking oil), the new second-generation facility can utilize a diverse supply of raw materials, such as crop straw (wheat straw, corn straw, cotton straw, weed, etc.), agricultural waste (tree branches, tree leaves), as well as organic waste, providing China Integrated Energy with better input cost controls while ensuring optimal capacity utilization. Additionally, the Company’s second-generation biodiesel meets Europe IV fuel standards and can be mixed with both diesel and first-generation biodiesel at any ratio. Furthermore, the new technology is able to recycle unused feedstock and water used in the production process, meeting the Company’s environmental goals while delivering further cost reductions. READ MORE
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