BP Australia signs large biofuel supply agreement, becomes leading marketer
BP Australia and Manildra Energy Australia announced today one of Australia’s largest biofuels supply agreements, a deal which will result in nearly half of BP’s fuel sales in New South Wales containing renewable ethanol.
BP will receive from Manildra’s Bomaderry ethanol plant 40 million litres of ethanol over the next year, with deliveries to commence this month. The agreement with Manildra combined with BP’s existing 15 million litre ethanol supply deal with CSR makes BP the largest marketer of biofuels in Australia.
Both BP and Manildra have also commenced negotiations to extend the agreement for a further two years.
BP’s ethanol fuel blend has the following properties and will be marketed as follows:
BP has been marketing ethanol blended fuel in Queensland since 2001 and will now be able to commence the rollout to BP branded service stations in New South Wales, with the fuel to be available at about 50 additional locations by the end of the year. Over the next few years BP’s planned rollout of ethanol blended fuel in New South Wales will see this number of service stations at least doubling:
energy :: sustainability :: ethanol :: biomass :: bioenergy :: biofuels :: fuel distribution :: Australia ::
BP Australia's president said that the company’s actions demonstrated its commitment to create a sustainable future for biofuels in Australia.
Manildra is a major Australian producer of food grade and industrial alcohol for the chemical and pharmaceutical industries.
BP will receive from Manildra’s Bomaderry ethanol plant 40 million litres of ethanol over the next year, with deliveries to commence this month. The agreement with Manildra combined with BP’s existing 15 million litre ethanol supply deal with CSR makes BP the largest marketer of biofuels in Australia.
Both BP and Manildra have also commenced negotiations to extend the agreement for a further two years.
BP’s ethanol fuel blend has the following properties and will be marketed as follows:
- The new BP Unleaded 91 is a specially formulated 91 octane unleaded petrol blended with up to 10% renewable ethanol.
- BP will offer new BP Unleaded 91 to New South Wales motorists at a three cents per litre discount through the company’s Biorewards program.
- By the end of the year (2007) all of the 50 BP branded service stations in New South Wales will be selling new BP Unleaded petrol in place of regular Unleaded petrol.
BP has been marketing ethanol blended fuel in Queensland since 2001 and will now be able to commence the rollout to BP branded service stations in New South Wales, with the fuel to be available at about 50 additional locations by the end of the year. Over the next few years BP’s planned rollout of ethanol blended fuel in New South Wales will see this number of service stations at least doubling:
energy :: sustainability :: ethanol :: biomass :: bioenergy :: biofuels :: fuel distribution :: Australia :: BP Australia's president said that the company’s actions demonstrated its commitment to create a sustainable future for biofuels in Australia.
Increasing the supply of biofuels is part of BP’s long term strategy to provide Australian motorists with the choice of a range of cleaner fuels. Selling more ethanol blended fuel at more service stations is just one part of our strategy. Supplying large volumes of biofuels also requires large scale supply agreements and the investment in necessary infrastructure. - Gerry Hueston, BP Australia PresidentGetting all three necessities in place has required considerable work over the past year. This commitment from BP has ensured that today’s announcement ticks all of the boxes for bringing biofuels into the mainstream in a way that ensures it is around to stay.
Manildra is a major Australian producer of food grade and industrial alcohol for the chemical and pharmaceutical industries.
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Canadian forest products company Tembec today announced that it has completed the acquisition of the assets of Chapleau Cogeneration Limited located in Chapleau, Ontario. The transaction closed on August 15 and includes a biomass fired boiler and steam turbine with an installed capacity of 7.2 megawatts. Consideration for the assets consists of a series of future annual payments to 2022, with a present value of approximately $1 million.

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