In El Salvador, Southridge Enterprises said that it is ahead of schedule with construction on its new ethanol plant, and has signed a sales agreement for 20 Mgy of output with Jinsung Ho Trading Group for $48 million. Deliveries are to commence in December 2008 based on acquisition from Petrozilian Energia of Brazil.
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Southridge closes private placemnent for El Salvador project; eyes $25 million more for Mississippi plantIn Texas, Southridge Enterprises closed a private placement with Nexus Lotts Capital Corporation. Net proceeds were not disclosed, but will be used to finance the company's sugarcane-based ethanol pla...
Chinese investment firm acquires 20 percent of Southridge ethanol project in El Salvador for $4 million
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Southridge signs 15 Mgy ethanol offtake contract for its Brazilian plant with Hong Kong traderIn Texas, Southridge Enterprises has signed an agreement to ship 15 Mgy of sugar cane ethanol to Hong Kong's Jinsung Ho Trading Group. The ethanol will be shipped from Southridge's Petrozilian Energia...
Southridge to build 5 Mgy sugarcane ethanol plant in El Salvador; firm will also re-export Brazilian ethanol to US to bypass tariffIn El Salvador, Southridge Enterprises will construct a 5 Mgy ethanol plant in El Salvador. The company said that it will import ethanol from Brazil, dehydrate it, and reexport the fuel to the United ...
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