W2 Energy Inc. Entering into Biodiesel Market

W2 Energy builds waste-to-energy plants which convert municipal solid waste, tires, agricultural waste, human waste and coal into electricity and syndiesel.

"We can take our syndiesel, mix it with biodiesel, and make high quality diesel with excellent lubricity and temperature specifications," says Mike McLaren, CEO of W2 Energy. "We can also produce methanol with our waste-to-energy plants. The cost of methanol keeps going up. We can make our own methanol for biodiesel production and make biodiesel less expensively than the competition."

For its biodiesel operations, W2 will not use food as feed products or feedstock.

"We will use jatropha, other non-food vegetable oils and waste vegetable oils," says Mike McLaren. "W2 will not make fuel out of food. It's our policy."

W2 Energy's new fuel blend of syndiesel and biodiesel will have specifications equal to or better than today's B20 using petroleum products.

W2 Energy seeks joint venture partners with and without existing biofuels production capabilities. W2 also seeks producers of Jatropha, Algae and Waste vegetable oils who can commit to long term contracts.

"We believe we have great technology and a marketplace hungry for an all renewable, non-food, diesel product. Now we are looking for the right companies to share our vision," added Mike McLaren.

According to the Commission of the European Communities, the EU consumed approximately 874 million gallons of biodiesel in 2005 (a 1.6% share of the EU diesel market), 1.6 billion gallons in 2006 (2.6% of the market), and according to the USDA, is projected to consume 3.0 billion gallons (3.0% of the market) in 2008.

TheBioenergySite News Desk

Sign up for our
regular news updates

Latest Bioenergy Industry News

•   Reverse Underspend for R&D, Says Science Campaign
•   US Grain Production Forecasts Up Across the Board
•   Algae Farm: a Step Closer to Marketing Algae Booster
•   Weekly Outlook: Where is the Bottom?
•   Fillmore Wind Farm Proposed
•   $4 Million for Offshore Wind Project Proposal
•   New Wind Farm for Fowler
•   Plans for Ethanol Plant in Jackson
•   Biomass Power Plant for Avonmouth
•   Belgian Biogas Sets Example for Britain