Dongmun Greentec's ethanol project in Deniliquin gets final approval from New South Wales government.
Dongmun Greentec Pty Ltd, an Australian subsidiary formed by a group of South Korean investors led by technology company Dongmun IRS Co., has received final planning approval from the New South Wales (NSW) government for its AU$90 million ethanol plant project. Dongmun Greentec has proposed to build and operate a 115 million litre per annum capacity grain ethanol plant in Deniliquin using up to 300 000 tonnes of low grade wheat sourced from a 400 km radius.
According to the company, all the by-products of the proposed plant – dried distiller’s grain with solubles (DDGS), distiller’s syrup and liquid fertiliser, are to be sold to regional feedlot, dairy operations and nationally through other agricultural markets as feed material. Most of the fuel grade ethanol is anticipated to be exported to South Korea for blending as the recent free trade deal between the countries removes a 20 percent import tarriff.