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A consortium composed of Dutch biobased chemical firm BioMCN, Linde, Siemens, and the engineering firm Visser & Smit Hanab has received $260 million from the European Commission to support Woodspirit, a biorefinery planned for Groningen, the Netherlands. The refinery is intended to convert residues from the forestry and wood-processing industries into synthesis gas and then methanol. The project is set to take four years to complete and cost $660 million.
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