Recycling company Inventure Renewables has joined forces with agribusiness Wilmar International and feed and chemicals firm Desmet Ballestra to build a recycling plant in China, which will convert waste from soyabean processing into oleochemicals and biodiesel. Inventure alsomanufactures its own branded bio-based oleochemicals. The project is expected to cost about $US1 billion ($A1.06 billion), according to the company. Desmet Ballestra, which will provide engineering and technical help on the new plant, said the technology generated no acidic wastewater, did not emit CO2 and was more cost effective than existing methods.
Recycling company Inventure Renewables has joined forces with agribusiness Wilmar International and feed and chemicals firm Desmet Ballestra to build a recycling plant in China, which will convert waste from soyabean processing into oleochemicals and biodiesel. The project is expected to cost about $US1 billion ($A1.06 billion), according to the company. Desmet Ballestra, which will provide engineering and technical help on the new plant, said the technology generated no acidic wastewater, did not emit CO2 and was more cost effective than existing methods.