Tuesday, April 9, 2013

China and Nova Mutum ethanol

I doubt this will become reality.

If it does, it will be a small mill.

I think Lucas do Rio Verde large corn mill has
better chances.


Brazil - China's CHMC seeks farmers to back $20 mln corn to ethanol plant

Tuesday April 09 2013
China National Heavy Machinery Corp. (CHMC), the Beijing-based developer of industrial facilities and warehouses, is asking Brazilian farmers to invest BRL40 mln ($1 = BRL2.58) in a corn-ethanol plant that will help diversify their revenue. CHMC is seeking to start construction next year in Nova Mutum in Mato Grosso state, official sources said.
The proposed plant will process 400 tonnes of corn a day, which would translate into around 50 mln litres of ethanol a year.

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