Biorefineries are an engine for sustainable rural development in the EU
Biorefineries are one of the few industries with the potential to attract substantial capital investment and create industry led employment in rural environments, a new research report published presented at a conference hosted by EurActiv in Brussels today highlights. During 2016, the Hungarian Academy of Science conducted a landmark research project, the first of its kind, on the socio/economic impact of a fully operating biorefinery on a rural community in an EU member state. It shows that biorefineries can be a key instrument in reviving disadvantaged rural communities across the EU. Entitled ‘Sustainable Rural Renaissance: The Case of a Biorefinery’*, the research was conducted at the Pannonia Ethanol biorefinery at Dunafoldvar in Hungary. Keynote speaker at the conference was the Vice-President for Jobs, Growth, Investment and Competitiveness of the European Commission, Jyrki Katainen.
The Socio Economic Impact of a Biorefinery on Rural Renaissance
Pannonia Ethanol operates a biorefinery in Dunaföldvár, Tolna County, Hungary with feed grade corn as the biomass used in processing. Animal feed, bioethanol and corn oil are produced from this feedstock. Farms in the region supply over one million tons of corn to the plant each year. From this, the refinery produces 325,000 tons of animal feed, 450 million litres of bioethanol and 10,000 tons of corn oil. Local processing of the corn for export adds considerable monetary and nutritional value to the raw material.