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«AgroInvest» — News — KSG Agro will produce biofuel

KSG Agro will produce biofuel

2012-10-08 15:23:03

According to the official information released by the company it is planning to produce biofuel in Dnepropetrovsk region by the end of the current year. Company has not announced the sum of investments attracted for this project. Company will be able to produce up to 60 K tons of biofuel from agricultural waste. Company already has experience in such projects as there are already 2 lines with the capacity of 7 K tons per year operating within the company structure. Company stated that partially biofuel will be used by the company, selling the rest.  

AgroInvest comment: The ability of the company to modernize with the assistance of the external sources of financing will benefit the company in the long run.

For more detail please refer to the UAIndex Daily (October 08 issue).

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