Infinity Bio-Energy to Invest in Caribbean Ethanol Project, an Industrial Info News Alert
Posted on: Thursday, 5 July 2007, 06:23 CDT
Researched by Industrial Info Resources (Sugar Land, Texas). The Brazilian based, Infinity Bio-Energy (LSE: IBI) has signed a term sheet to formalize a Joint Venture with Biotenol Boca Chica S.A. and announced an investment in the Dominican Republic to produce ethanol and construct a plant with a capacity to produce 2.5 million tons of sugarcane, which will produce 210 thousand cubic metres per year and dehydrate 400 thousand cubic metres of alcohol fuel.
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SOURCE: Industrial Info Resources
Source: MARKET WIRE
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