Tuesday 29 November 2011

Investors to relaunch Procana bio fuel project

A group of investors linked to a South African company Tsb Sugar that produces brown sugar and refined for the International and South African markets are planning to re launch the failed Procana project for bio fuel production in Mozambique. The company officials were received by the governor of the province Raimundo Diomba, to whom they stated their interest in immediately re-launching the US$740 (€555.41) million project. It will be known as the Massingir Project for Biofuel Development. Read more ...
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