Petromoc to JV in $400 million sugarcane ethanol project in Mozambique

In Mozambique, Petromoc will invest $400 million in a 60 Mgy sugarcane ethanol project in Maputo province. The project will be constructed in partnership with the Agriculture Facilitation Committee between Mozambique and South Africa (COFAMOSA). Petromoc previously established a 7 Mgy pilot biodiesel plant in Matola.

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