Ethanol investment

[NewsWhore]

The RJS Group, of mixed Dominican and American capital, has announced a US$340 million investment in the "Fenix" Agroindustrial project that will produce 100 million gallons of ethanol yearly, as reported in El Caribe. The project, which will benefit the northwestern provinces of Montecristi, Dajabon, Santiago Rodriguez and Valverde, will have four production plants up within its first six months of operation and will create 3,250 jobs. The company says it will reinvest 10% of its profits in regional social programs. The plant will also produce 100 MW of sugar cane biofuel.

More... (http://www.dr1.com/index.html#12)