Investment in Biofuels

Biofuels

The development of the biofuel industry in Colombia is a state policy. This development is sustained in the physical, social, technological, tributary and geographical qualities of the country. These two factors make of Colombia a leader in power in bioenergy worldwide and one of the most attractive markets for possible investors interested in starting projects related to the sector of the biofuel.

Domestic demand for ethanol and Biodiesel is not replaced even by the local offer. For 2020 it hopes that the internal market demands 1400 million liters of ethanol and 1,200 million liters of biodiesel annually. Additional, exists a politics of mixtures that forces the use of the biofuel with the fossil fuels and it hopes that this one manages to be E20; B20 for 2020.

 

Biofuel industry in Colombia offers the following advantages:

  • This industry possesses 6,5 million suitable hectares for the production of biofuel, of 41Millones of cultivable hectares.
  • Nowadays Colombia produces more than 12 tons of Sugar per hectare, overcoming Brazil and Australia.
  • E10 in cities with more than 500,000 inhabitants (local consumption of 1.500 kilograms / day).
  • B5 National territory in June, 2009 (local consumption 9.406 mbd).

These are only some of the reasons to invest in Biofuel, we invite you to know in detail these and more reasons to make of Colombia the destination chosen for your projects.

Download here:

Biofuels Sector 1072 Kb

 

  • Production

    Colombia has concentrated its production of biofuel around sugar cane and palm of oil. This is because of its climatic and topographic conditions. Other producing countries of biofuel worldwide as The United States and Germany, it must center their productions of Ethanol and Biodiesel on a cultivation of low energy efficiency as the wheat and the rape.

    The sugar industry of Colombia possesses the highest indexes of productivity in the world, getting to produce 9,000 liters of ethanol / year / hectare.

    Nowadays Colombia is the fifth producer of oil of palm worldwide and the first one in Latin-American.
     
  • Culture of sugar cane and palm of oil.

    Nowadays there are 6,5 million suitable hectares for the development of biofuel and the goal of the government is to multiply by ten the cultivated area (300.000 ha) to more than 3.000.000 of hectares in the next 10 years.

    Nowadays it is possible to accede to these extensions of land without affecting ecological areas like forests and forest reservations.

 

 

  • Merhav – Israel (2010)

    With an investment estimated in US$ 300 million the Israelite Merhav expects to produce 376.000 Lt/día of ethanol. The plant is located in Magdalena's department and possesses 12.000 hectares cultivated with cane, generating 1.000 direct employments. It initiates operations in 2012.

 

  • Odin Group – Japón (2008)
    With an investment estimated in US$ 20 million the Japanese Odin Group produces 121 thousand liters / day of biodiesel. The plant is located in Magdalena and possesses 8.000 hectares cultivated with palm. 


Asesor: Juan Fernando Anzola

Juan Fernando Anzola

 

 

 

 

 

 

In Proexport we attend companies, legal persons and national entities and foreigners who are interested in the direct investment in Colombia.

For the nature of our activities, we do not attend requirements of investment of natural persons.

If You are a corporate investor, we invite you to fill out our form of contact.

Contact - Juan Fernando Anzola
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Economic Indicators
06/02/2012
Inflation
Goal of inflation 2.0-4.0 %
Annual inflation 3.73
Rates of interest - 06/02/2012
Rate of intervention 5.00 %
Rate Interbancaria 5.01
TRM - 06/02/2012
Exchange rate (TRM) $ 1,784.77
Nominal depreciation - last 12 months -4.66
   

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Proexport Colombia  is the bureau in charge of tourism, foreign investment and export promotion in Colombia.

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