Naturol to export biodiesel to EuropeJune 13th, 2008 - 1:23 am ICT by IANS
Hyderabad, June 12 (IANS) Naturol Bioenergy Limited is all set to export 10,000 tonnes of biodiesel to Europe from its integrated biodiesel complex at Kakinada in Andhra Pradesh. Bhaskar Chalasani, managing director and CEO of the Hyderabad-based company, told a news conference here Thursday that this was the largest and first shipment of Naturol biodiesel out of India.
He said the company’s maiden shipment was getting ready to leave for Europe from port city of Kakinada around June 22.
The $31 million, 100 percent export oriented unit plant commissioned in April this year at Kakinada is India’s first fully integrated oleochemical complex, the company claims.
It has a capacity to produce 30 million gallons per day of biodiesel and allied products from multi feedstock.
Naturol, which imports raw material and oilseed from Indonesia, is growing jatropha and other oilseeds in 5,000 hectare in the state under contract farming.
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