PDA

View Full Version : Two sugar mills leased for ethanol



NewsWhore
09-06-2006, 06:40 PM
The National Sugar Council (CEA) has announced the leasing of two of the better-known sugar mills in San Pedro de Macoris to Ethanol Dominicana. The company is supposed to invest US$30 million to refurbish the sugar mills Consuelo and Boca Chica. According to the director of the CEA, Enrique Martinez and Eddy Martinez, the head of the Dominican Center for Exports and Investments (CEI-RD), Ethanol Dominicana is an enterprise composed of Techo Deah, TallOil and Swedfund. The new company's production goal is 3,000 liters of ethanol per day or 15,000,000 liters per harvest cycle. Ethanol Dominicana announced the installation of an ethanol production facility that will be ready for the next sugar harvest starting in December. The ethanol will be sold in the United States since the Dominican Republic does not yet have infrastructure that is needed for its sale, and the regulations for handling ethanol do not exist in the legal codes.

More... (http://www.dr1.com/index.html#7)