Statoil Now Blending Inbicon's Cellulosic Ethanol For Danish Drivers

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4th November 2010, 05:51pm - Views: 631





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MEDIA RELEASE PR42045


Statoil Now Blending Inbicon's Cellulosic Ethanol for Danish Drivers


FREDERICIA, Denmark, Nov. 4, 2010 /PRNewswire-AsiaNet/ --


    As Statoil rolls out a 5% ethanol blend at 100 selected petrol stations

across Denmark, Inbicon reported today that it has already begun supplying

Statoil with second-generation bioethanol made from wheat straw. Inbicon will

be the major supplier of The New Ethanol, as it calls its renewable fuel made

from various crop wastes.


    "We are very pleased by Statoil's latest step in offering Danish

motorists a choice of cleaner, environmentally responsible fuels," says Niels

Henriksen, CEO of Inbicon. "And we are proud of the part we can play in

supplying fuel made from agricultural waste." The first delivery of

second-generation ethanol from Inbicon's plant to Statoil took place in

August, with Danish Minister for Climate and Energy, Lykke Friis,

participating.


    In 2009, the two companies signed an agreement for Inbicon to supply

Statoil with the first five million liters of The New Ethanol produced by the

Kalundborg plant, where Inbicon's biomass conversion technology is being

demonstrated. "With the launch of Bio95 2G we have reached yet another

milestone. This is the only gasoline in the market with second generation

bioethanol developed and produced in Denmark from Danish straw," says Statoil

CEO Pia Bach Henriksen.


    The Inbicon Biomass Refinery in Kalundborg opened in November 2009 and

has since proven its process at near-commercial scale. The plant can convert

4 metric tons of straw per hour, equivalent to 30,000 metric tons a year.

From this 5.4 million liters (1.5 million gallons) of The New Ethanol can be

produced a year, along with two other clean, green energy streams.


    "We're producing not only The New Ethanol to replace gasoline, but also a

clean lignin biofuel to replace coal," says Inbicon CEO Henriksen. "Just as

important as our renewable energy products is our renewable energy process.

The Inbicon Biomass Refinery can demonstrate dramatically improved

efficiencies when integrated with a coal-fired power station, grain-ethanol

plant, or any CHP (combined heat and power) operation. Symbiotic energy

exchange helps our customers build sustainable, carbon-neutral businesses."


    Inbicon is currently working with clients in planning commercial

facilities for North America and Asia.


    About Statoil

    Statoil supplies around one fifth of Denmark's total oil consumption and

operates more than 300 petrol stations in Denmark, including approx. one

fifth automat stations under the 1-2-3 brand. The company's Kalundborg

refinery refines oil products, which are either exported or sold in Denmark

for use as, for example, transportation fuel or heating oil for private home

and commercial property.


    About Inbicon

    Inbicon A/S is a pioneer in biomass conversion technology, headquartered

in Fredericia, Denmark. It has proven its process at pilot plant scale since

2003 and is presently demonstrating it at commercial scale in Kalundborg.

When commercialized for North America and Asia, the Inbicon Biomass Refinery

will convert three clean energy streams into profitable, sustainable,

renewable businesses. Inbicon is a subsidiary of DONG Energy A/S. For

information, go to http://www.inbicon.com or contact Christian Morgen,

chrmo@inbicon.com.

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    SOURCE: Inbicon


    CONTACT: Thomas Corle

             +1-717-314-5729

             tcorle@ptd.net


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