Southridge contracts for 20 Mgy in ethanol sales for $48 million; ahead of schedule with El Salvador plant

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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