Naturol to export biodiesel to Europe

Indias Naturol Bioenergy Limited is all set to export 10,000 tons of biodiesel to Europe from its integrated biodiesel complex at Kakinada in Andhra Pradesh. Bhaskar Chalasani, managing director and CEO of the Hyderabad-based company, said that this was the first shipment of Naturol biodiesel out of India. He said the company’s maiden shipment was getting ready to leave for Europe from the port city of Kakinada around June 22. The US$31 million, 100% export oriented unit plant commissioned in April is India’s first fully integrated oleochemical complex, the company claims. It has a capacity to produce 30 million gallons per day of biodiesel and allied products from multi-feedstock. Naturol, which imports raw material and oilseed from Indonesia, is growing jatropha and other oilseeds in 5,000 hectares in the state under contract farming. (June 12, 2008)