El Salvador: $4 million Chinese investment for ethanol plant.

Southridge Enterprises sold 20% of the ethanol plant in El Salvador to the Chinese Shenyang Rrzk Co for $4 million.

Monday, September 8, 2008

The construction of the plant began in February 2008 and it should be fully operational at the start of 2010.

The total investment in the plant is worth $20 million, and total production will be 20 million gallons per year.

More on this topic

Plans to Produce Ethanol in Panama with Hard Coal

September 2013

Colombian and Spanish investors are analyzing the construction of a plant for $2 billion to produce ethanol for export, as well as supplying the local market.

Currently a company founded with Colombian Spanish capital is analyzing the possibility of producing ethanol using hard coal.

Ethanol Industry in Guatemala

July 2013

In 2012 there were 65 million gallons of ethanol, 80% of which were exported for the development of biofuels, cosmetics and pharmaceuticals.

The remaining 20% ​​(13 million gallons), remained in the country and was used for the production of alcoholic beverages. One of the industries specializing in the production of alcohol as fuel "is the Bio-Ethanol Distillery, which produces neutral anhydrous ethyl using molasses.

Industry Prepares for Increased Demand for Ethanol

September 2012

The new Panamanian Biofuels Act provides that from April 2013 a 2% of anhydrous bioethanol be incorporated into motor fuels.

Under the law, that percentage will increase to 5% by 2014. The progression in the increased presence of ethanol in the fuel used by motorists will continue to reach 7% in 2015 and 10% in 2016. This percentage may be increased by the National Energy Secretariat based on the technological advances.

Southridge in El Salvador: A fraud that nobody wants to hear about

September 2008

There is a formal document complaint about an alleged fraud in the well-advertised ethanol plant construction in El Salvador.

In February, media specializing in alternative fuels and finance published the news that Southridge Enterprises, a Dallas, Texas based company, was going to build an ethanol plant in El Salvador.

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