much as US$30 million from investors to enable it to plant cassava for fuel production. The company is setting up its own cassava plantations. The bulk of the output will be used as feedstock for Basic’s biofuels plants, while the surplus will be sold to other bioethanol producers. The company plans to develop its first…
PHILIPPINES: Basic Energy to focus on cassava crop and bioethanol
Posted on January 7, 2009 by EnergyAsia