Basic Energy, Nexum Energy JV on 52 Mgy cassava ethanol plant in the Philippines

In the Philippines, Basic Energy of the Philippines announced a JV with Nexum Energy of Canada to construct and operate a 52 Mgy cassava-based ethanol plant in the Zamboanga Peninsula. The joint venture would buy the Tungawan Cassava Project from EcoMarketFarms’ for $270,000.

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