Sonangol, Damer, and Odebrecht to move ahead with $258 million BIOCOM sugar ethanol project in Angola despite economic downturn

In Angola, Sonangol, Damer, and Odebrecht, who have previously joined together to form the Bioenergy Company of Angola (BIOCOM), said they are moving ahead with their $258 million sugracane, ethanol and power project in the province of Malanje, despite the economic downturn. The project will be completed in 2012, according to the partners.

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