Shell to incur $1bn loss after stopping work on biofuels plant:
https://www.share-talk.com/shell-to-inc ... els-plant/
Shell $1bn loss after stopping work on biofuels plant
Moderator: Peak Moderation
- BritDownUnder
- Posts: 2479
- Joined: 21 Sep 2011, 12:02
- Location: Hunter Valley, NSW, Australia
Re: Shell $1bn loss after stopping work on biofuels plant
Supposedly making biodiesel and bio jet fuels. I personally doubt there will be enough waste fats and oils to get this kind of industry off the ground - literally. I think oils and fats could better be used as other chemical precursors like for soaps etc or even animal feed.
G'Day cobber!