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People & Business :: Green Issues
Brazilian firm secures financing toward construction of commercial-scale, second-generation bioethanol plant
9:02 AM MDT | May 9, 2013 | Francinia Protti-Alvarez
Bioflex Agroindustrial (São Miguel dos Campos, Brazil) has secured 300.3 million reais ($149.5 million) in financing from the Brazilian Development Bank (Rio de Janeiro) for construction of a second-generation bioethanol plant, the bank has announced. The plant will be located in the municipality of São Miguel dos Campos, in Alagoas State, and is expected to have capacity for 82 million liters of bioethanol per harvesting season using straw, and bagasse from sugarcane, as feedstocks. The use of straw and bagasse will increase bioethanol productivity...
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