Chinese build biofuels factory for Interagro
Thursday, March 29, 2007
Chinese specialists will build in Zimnicea (south-west of Bucharest) a biofuels factory for farming producer Interagro, Financial Week reports.The decision to invest in a bioethanol factory was taken 2 years ago. In 2005, Interagro obtained a crop of over 60,000 tonnes of maize, but could not capitalize on it because the price offered by buyers was lower than the production costs.'Interagro is a big farming producer, with total productions of cereals that exceed 230,000 tonnesyear. After we ...