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Pure Biofuels Completes Expansion of Peru Biodiesel Facility

Posted on: Wednesday, 28 May 2008, 09:01 CDT

Pure Biofuels has successfully completed the construction and testing of its expanded InterPacific Oil biodiesel production facility in Peru.

The facility has been expanded to 10 million gallons per year (MMgy) from 7.5MMgy. The company expects to commence production and ramp up to full 10MMgy capacity in the near future.

The InterPacific Oil plant is Peru's first biodiesel processing facility having commenced operations in 2001. Since then, InterPacific has produced more than 30MMgy of biodiesel.

Pure Biofuels had acquired InterPacific in December 2007. The combined output of Pure Biofuels's new 52.5 MMgy biodiesel facility in the port of Callao, set for completion in the second quarter of 2008, and the InterPacific biodiesel facility, will total 62.5MMgy, reportedly making Pure Biofuels one of Latin America's largest producers of biodiesel.

Chris Tewell, Pure Biofuels's chairman, said: "We are extremely pleased to have completed the expansion of our InterPacific Oil plant and to prepare to commence full-scale production of biodiesel. This accomplishment marks the first significant milestone of our business strategy aimed at becoming a leading biodiesel producer in South America."

Source: Datamonitor

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