Honduras: $ 1.8 Million Investment in Ethanol Plant
Caribbean Bio Energy and the National Port Company agreed to the installation of an ethanol plant in the port of Castilla.
Friday, November 26, 2010
During the first year of operation, the raw material (sugarcane) will be brought from Brazil.
The upcoming visit by President Lula will be the stage for discussing Brazil’s cooperation in boosting Ethanol production in the country.
Campos de Pesé has indefinitely suspended the production and marketing of ethanol because the price set by the government for the biofuel does not even cover the cost of acquiring sugar cane.
Ecuadoran Nobis Consortium, announced plans to invest $ 200 million to produce ethanol in Costa Rica and Peru.
From April 1st 2014, 91 and 95 octane gasolines must contain 5% ethanol.
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