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13 April, 2010 Santo Domingo. – The company Globasol signed an agreement on Monday with TSK-Ingemas, of the Spanish group Globalia, to build Dominican Republic’s first biodiesel plant, at a cost of 40 million dollars. The agreement includes the construction of a plant within 14 months in the province Azua (south) to use oil from native varieties of brush such as jatrofa and higuereta, which haven’t any use so far since the oil they produce is toxic. The agreement includes the Surfuturo Foundation, which will promote the establishment of plantations in the country’s poorest region, with the guarantee for farmers who raise the crops to be bought by the future plant. Globasol executive Jose Vicente Galindo said the plant’s maximum production of 100,000 tons per year would require plantations totaling 60,000 hectares. Attending the signing ceremony were Spain ambassador Diego Bermejo and Asturias region president Vicente Alvarez Areces, who concludes his first official visit to the country today. SOURCE: DOMINICAN TODAY Deje un comentario |
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