Infinity Bio-Energy to Invest in Caribbean Ethanol Project, an Industrial Info News Alert
Infinity Bio-Energy to Invest in Caribbean Ethanol Project, an Industrial Info News Alert
Jul. 5, 2007 10:01 AM
CORDOBA, ARGENTINA -- (MARKET WIRE) -- 07/05/07 -- 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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