Angola-based Biocom to launch in 2010, reach full ethanol capacity in 2012

In Angola, more details emerged regarding Biocom. The plant, which is projected to open in 2010, will operate at 30 percent of capacity in its first year and will reach full capacity in 2012. The sugar, ethanol and power produced by the project are expected to be used domestically rather than for export, due to local shortages of these commodities.

Earlier this month, Angolan and Brazilian companies Oldebrecht, Sonangol and Damers formed the Biocom joint venture to produce ethanol, electricity in Angola.

Brazil doubled a $1.3 billion credit line for Angola as a step in the expansion of Angolan-Brazilian trade. The credit line was announced by Brazilian President Luiz Inacio Lula da Silva in Luanda, on the last leg of a four-country African visit this past week. Angola, which concluded a 27-year civil war in 2002, has been helped by an oil boom, but is seeking to expand its biofuels infrastructure to take advantage of good land for biofuel feedstock cultivation. But transport infrastructure will need to be repaired following the devastation of the civil war period.

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