Molinos, Vicentin and Oleaginosa Moreno Hermanos will invest $350 million to build a soy-processing plant in Argentina, the companies said in a statement late on Wednesday.

The grain-processing plant will be located just north of Rosario, the main agro-industrial hub in Argentina, which is the world’s largest supplier of soymeal and soyoil. Leer más »

It would begin with the super and common types due to the lack of the capacity to process alcohol.Â

The 5% bioethanol mix in the naphtha won’t reach to all the varieties in January of 2010 as it was foreseen, but rather it will begin with the super and ultra types due to the lack of dehydrating plants to transform the alcohol. As confirmed to La Nacion by sugar companies involved in the business and the Argentinean Sugar Center that pointed out that May 15 will conquer the term to present the projects for the bioethanol quota before the Secretary of Energy. Fernando Nebbia, president of the Argentinean Sugar Center, said: “For January there will be an important quantity of dehydrated alcohol to begin the operative with two types of naphtha: common and ultra. Leer más »

IT WILL TURN THEM INTO THE MAYOR LOCAL PRODUCERS.

The cereal companies, that the Renova company conformed, will duplicate their present capacity in July, when they inaugurate new works. Thus, they will surpass AGD and Bunge, and Dreyfus.

Biodiesel plant/Photo: Fernando López King Leer más »