Intesa San Paolo and Novamont have signed an agreement for a loan of $24 million (€20 million) for two innovative projects in the circular economy. The plant in Terni will complete the first plant in the world for the generation from renewable sources of a new monomer for the production of biomaterials.
The Mater-Biotech plant in Bottrighe, the world’s first bio butanediol plant, will also become the most efficient center in Europe for the production of chemical intermediates from renewable sources, thanks to the construction of a high-quality biogas plant. That makes it possible to convert its own biogas into biomethane that can also be fed into the national grid. The by-products of production are in fact used to meet the energy needs of the factory, optimizing the life cycle of the entire process, according to a circular approach in which waste becomes a resource again, with significant energy savings.
If you want to find more about the new biomethane plant in Terni, fow which Intesa San Paolo signed a loan agreement with Novamont, download for free the Born2Invest mobile app. Our companion app will bring you the latest business headlines in the world so you can stay informed.
The biomethane plant will allow greater energy efficiency
Among the various efficiency solutions in use at Mater-Biotech, there is a mechanical recompression system for the exploitation of all the thermal waste otherwise dispersed, a cogeneration system and a biodigester. The latter, through a highly technological process, degrades production by-products and converts them into an energy source, specifically biogas, which is then burned in a bifuel boiler, i.e. one that can run on natural gas or biogas, to generate steam, which is then redistributed to the factory and used for production purposes.
With the biomethane upgrading plant, the company will be able to feed biomethane directly into the grid and will become even more self-sufficient from an energy point of view, offsetting the natural gas that it currently takes from the grid to generate electricity, with biomethane that it will release to the grid itself. This solution allows for greater energy efficiency, which on the one hand translates into savings for the company, and on the other into a reduced impact of Co2 emissions into the atmosphere.
“The project that we started thirty years ago- explains Catia Bastioli, CEO of Novamont- is now a real demonstrator at Italian level, which feeds several supply chains of great value in the country in a logic of systematic redesign, transformative and multidisciplinary. The two interventions in our production sites of Terni and Bottrighe represent a further step in this direction.”
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First published in laPiazzaweb, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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