UK-based smokeless solid fuel products manufacturer CPL Industries is planning to develop a €20m bio-fuel plant at the Port of Foynes, County Limerick in Ireland.

The plant is estimated to have an initial capacity of 200,000 tons of briquette production, with room to accommodate capacity of 300,000 tons in future.

During a press conference at Shannon Foynes Port, CPL CEO Tim Minett stated the company has planned to construct a bio-fuel facility due to the ban on smoky coal.

"Ireland is the first country in Europe to move towards a ban on the sale of smoky coal. This is a very welcome initiative spearheaded by Minister Phil Hogan. Not only has it been widely welcomed by healthcare and environmental groups but it has also given us the impetus to take this decision," added Minett.

During its full production, the plant is expected to use 80,000 tons of biomass. The facility is due to commence operation in 2015.

According to the company, the project when complete will create 100 permanent jobs, 42 sales and distribution, and 150 construction opportunities.