Renewables

INA asks for bioethanol project to be granted strategic investment status

INA-bioethanol-investment

Photo: Miscanthus (Pixabay)

Published

June 24, 2020

Country

Comments

comments icon

0

Share

Published:

June 24, 2020

Country:

Comments:

comments icon

0

Share

The Croatian oil and gas company INA filed a request for a second-generation bioethanol project to be granted the status of the country’s strategic investment.

The estimated value of the investment is EUR 250 million. A part of the funds could be secured by the Innovation Fund of the European Union.

The support of the EU and the Government of the Croatia are key preconditions for the implementation of the project

The support of the EU and the Croatian government are key preconditions for the realization of the project, which fits into the European Green Deal and the European energy strategy, said Sándor Fasimon, President of the Management Board of INA.

The request was submitted to the Ministry of Economy, Entrepreneurship and Crafts

The Biorefinery project is part of a plan to transform the Sisak oil refinery into an industrial center.

A request to declare the second-generation bioethanol project the country’s strategic investment was submitted to the Ministry of Economy, Entrepreneurship and Crafts.

INA signed a license agreement with French group AXENS in February

As a first step in building the bioethanol plant, INA signed a license agreement with the French group AXENS for FuturolTM technology in February.

In late January, the Belgian company De Smet Engineers & Contractors (DSEC) announced that it had begun preparing a base design for ancillary facilities and the integration of existing refinery infrastructure.

Belgium’s DSEC announced it has started working on basic engineering for the outside battery limits or OSBL portion of a project.

Locally grown miscanthus will be used for feedstock

Locally grown miscanthus will be used for feedstock. Analysis after the harvest in Croatia confirmed that miscanthus could be used for INA’s bioethanol project.

Tags: ,
Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

croatia green hydrogen wave energy island pag novalja

Croatia’s Pag island to produce green hydrogen using wave energy

06 May 2025 - The island town of Novalja could become one of the first in Croatia to begin the production of green hydrogen, and a rare example in the region

Self-consumption capacity set to break 1 GW in Greece

Self-consumption capacity set to break 1 GW in Greece

06 May 2025 - Renewable energy projects for self-consumption are expected to reach 1 GW this year in Greece

bih republic of srpska concession trebinje 3 solar djokic petrovic

Republic of Srpska awards concession for Trebinje 3 solar project

05 May 2025 - The Trebinje 3 photovoltaic plant would have an installed capacity of 53.63 MW and an estimated annual production of 85.5 GWh

Landmark report safety cybersecurity higher yield SolarEdge PV systems

Landmark report demonstrates safety, cybersecurity, higher yield of SolarEdge PV systems

05 May 2025 - VDE Renewables found that SolarEdge’s advanced safety capabilities minimize photovoltaic system risks and effectively prevent fire hazards