Welcome To The Global Clean Energy Holdings HUB On AGORACOM
Edit this title from the Fast Facts Section
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Mexico Moves Ahead with Biodiesel Production

Beosound_2
Rank: [?]
Vice President
Points: [?]
21380
Rating: [?]
Votes: 166 Score: 3.0
  • Currently 3.1/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: Mexico Moves Ahead with Biodiesel Production / Repost to top

posted on Jun 25, 09 01:24PM

Mexico Moves Ahead with Biodiesel Production

by Eliza Barclay, Nomad on 10. 3.08
Science & Technology (alternative energy)

Mexico, with its serious air pollution, slow progress towards minimizing the sulfur content in its diesel fuel, and burgeoning fleet of cars, is in dire need of some clean fuels. Mexican President Felipe Calderon recently announced a $85 million pilot project to produce biodiesel from non-food crops like jatropha and castor oil plant so as not to avert food crops from the mouths of its hungry populace, EcoAméricas reports. Cost is a major factor here: as the cost of convention diesel has increased to 60 cents a liter ($2.30 a gallon) in Mexico, jatropha is suddenly looking pretty good at 50 cents a liter ($1.90 a gallon).

The government will require the state-owned oil monopoly, Petróleos Mexicanos, known as Pemex, to buy biodiesel from small-scale producers to boost the market and streamline alternative fuels into its distribution system.

American and Canadian investors are providing much of the capital for the initial production. Indiana-based Wolf Lake Terminals is building a biodiesel plant in the state of Veracruz on the Gulf of Mexico. The state government will subsidize local farmers in planting 50,000 acres of jatropha on marginal land.

We also recently noted plans to grow jatropha in the Yucatan.

In the state of Chiapas, local farmers will plant 25,000 acres of jatropha this year, with a target of 300,000 acres by 2012. The oil will be channeled to an industrial-size plant in the town of Cintalapa with a daily capacity of 5,300 gallons. Both plants will sell to Pemex and if all goes well, the energy behemoth will start replacing more dirty diesel with biodiesel. :: Via EcoAméricas

http://www.treehugger.com/files/2008...



e

New Message

Please login to post a reply

AGORACOM Quick Tips

Recent Drill Results: 63m of 1.21 g\t gold and 2m of 13.95 g/t gold ... Learn More!

President's D.D.

Examine the 'Link Library' for more DD. read more

Stock Quote

Hub Leaders