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Florida entrepreneur launches plan for 120 million sugarcane ethanol operation on former US Sugar land

July 9, 2008

In Florida, entrepreneur Howard Melamed has offered to lease 192,000 acres of land from the State of Florida for $120 million per year and produce up to 120 million gallons of sugarcane ethanol. Melamed said that following a 30-year lease, the land would be contributed to the Everglades restoration project.  Florida recently agreed to purchase the land from US Sugar for $1.7 billion.

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    Written by Jim Lane · Filed Under Producer News 

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