On December 22, 2011, Nordic Green signed a biomethanol agency agreement with BioMCN, a bioethanol producer. BioMCN will produce biomethanol in Northern Europe (Denmark, Sweden, Norway, Finland and Iceland) and the Baltic States (Estonia). Latvia and Lithuania) for sale. BioMCN converted crude glycerol, a by-product of biodiesel production, into biomethanol with an annual production capacity of 250 million liters (66 million US gallons).
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