The 350 million pound Vivergo bioethanol plant, a joint
), AB Sugar and DuPont, has commenced operations at Hull in
Built on a 25 acre site, the Vivergo plant is a brownfield
re-development project within the Saltend Chemicals Park near
Hull. The plant is one of Europe's largest biorefineries, capable
of meeting about a third of Britain's bioethanol demand.
The plant is intended to convert 1.1 million tons of animal feed
wheat each year into 420 million litres of bioethanol and produce
500,000 tons of protein-rich animal feed for the U.K. market.
Biorefining breaks down the starch in wheat to sugars. The sugar
is then fermented into alcohol through a process comparable to
that used in a whisky distillery. The bioethanol thus generated
can be added to petrol to make it a lower-carbon transport fuel.
The majority of the wheat for use as feed in Vivergo is likely to
be sourced from the farms in Yorkshire and Lincolnshire.
The bioethanol produced at the Vivergo plant will save more than
50% of the greenhouse gas emissions that come from standard
petrol and is equal to the emission of over 180,000 British cars
By 2020, the European Union targets using 10% of all fuels for
transportation from renewable sources.
The application of biofuels is under examination, as some are
believed to displace food production to new areas, forcing forest
clearance, discharging large amounts of greenhouse gases into the
atmosphere and affecting the climate even more.
BP carries a Zacks Rank #2 (Buy). Other stocks to consider
include Zacks Ranked #1 (Strong Buy),
Alliance Resource Partners LP
Newpark Resources Inc
Boardwalk Pipeline Partners, LP
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