PKPC

Biodiesel facility a significant regional asset

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22 May 2009 -

Construction of a new biodiesel facility at Port Kembla's Inner Harbour will provide a major boost to Port Kembla and the Illawarra region.

National Biodiesel Pty Ltd, a privately owned Australian company, has recently gained development approval to establish a Biodiesel production facility at Port Kembla.

This development will utilise land in the Port's Inner Harbour to create the new biodiesel facility, a facility which will become a significant regional asset,? Port Kembla Port Corporations Chairman Nicholas Whitlam said today.

It is expected that the project will have substantial social and economic benefits for the region.

Wollongong MP Noreen Hay said upon completion, the facility will create 235 new permanent full-time jobs, and approximately 725 jobs in related industries. A further 500 jobs are expected to be created during construction of the facility.

As well as providing significant employment opportunities - the facility will generate demand for locally produced oilseeds which will contribute to rural economic growth in the domestic market,? Ms Hay said.

This is excellent news for Port Kembla and the environment as well as for the local economy.

The facility will be the first integrated soybean processing and biodiesel production facility to be constructed in Australia. It will process imported soybeans to produce biodiesel, soybean meal and pharmaceutical grade glycerine (by product).

Mr Whitlam said that the development of this facility fits in with PKPCs growth strategy to diversify and expand its trade base.

This development will make efficient use of existing infrastructure while bringing new development and trade into the port and the region said Mr Whitlam.

PKPC CEO Dom Figliomeni said that upgrade works are to be carried out on Berth 104 and on a number of the silos located on the Grain Terminal site to facilitate this project.

The plant is estimated to produce 288 million litres of biodiesel, along with 850,000 tonnes of soy bean meal annually.

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