Incbio, DC Biofuels sign deal for 7.5 MMgy biodiesel plant
Incbio, the Portuguese engineering company specializing in fully automated industrial ultrasonic biodiesel plants, secured an agreement to supply DC Biofuels with a 7.5 MMgy biodiesel plant, equipped with Incbio’s ultrasonic reactors and solid catalyst acid esterification technology, to produce biodiesel from used cooking oils with up to 25 percent free fatty acids. Incbio recently introduced solid catalyst technology for acid esterification of high FFA feedstock into its plants, which, the company says, results from years of research by one of the leading chemical manufacturers in the world, a technology that has been widely proven in industrial applications.
The Incbio-DC Biofuels deal was closed through mediation and support from International Procurement Tools. Incbio said IPT proved to be instrumental throughout the business negotiations.
The DC Biofuels processing facility will be located in Washington, D.C. The firm not only plans to collect and process locally sourced waste vegetable oils into quality biodiesel, but it also expects to sell the fuel to local, centrally fueled public and private fleets. The DC Biofuels project has obtained strong support across the entire region, and the company has consummated WVO feedstock sourcing agreements with local, regional and national contractors.
Incbio and DC Biofuels expect the plant to be complete by third or fourth quarter of this year.