Biotech Updates

New Zealand Aims to Venture into Forestry-based Biofuels

October 15, 2014
http://www.biofuelsdigest.com/bdigest/2014/10/14/new-zealand-programs-give-the-thumbs-up-for-forestry-based-biofuels/

A study by the Primary Growth Partnership (PGP) programs revealed the potential of the biofuel industry in New Zealand in the long run.

The Stump to Pump PGP program, led by Norske Skog Tasman and Z Energy, has finished its study on feasibility of biofuels business in New Zealand from Radiata Pine residues. "This program has provided a significant amount of technical understanding around the potential to produce biofuels from forestry waste," says Justine Gilliland, Director PGP at the Ministry for Primary Industries.

"Having gained confidence that it is technically feasible, the next stage is to firm up the commercial viability and ensure that the products meet specifications for the intended markets and applications. This work may take 2-3 years and will be industry funded, at which point there is an opportunity to potentially continue towards plant development and ultimately commercialization," says Gilliland.