Biocongo Global Trading to invest $201M in Congo oil palm, biodiesel

February 28, 2012 | Meghan Sapp

In the Democratic Republic of Congo, Spanish company Biocongo Global Trading plans to invest $201 million to develop 60,000 hectares of oil palm as biodiesel feedstock in addition to two processing plants. One plant will produce oil for cooking while the other will produce biodiesel.