BIOREFINERIES AS SOURCES OF FUELS AND CHEMICALS

摘要

At present, the value of biofuels is such that only large biorefmeries are likely to be economic except in special circumstances. Large biorefmeries require a large capital investment and thus represent a large commercial risk. However, there are strategic reasons that make it desirable to some companies to enter the biofuel market now. Although the revenue from fuels from biorefmeries is relatively low, some of the chemicals that form components of these fuels are of high inherent value. This paper shows that by extracting some chemicals from the products of fast pyrolysis and selling the remainder as fuel, even quite small biorefmeries can become economically attractive.