Indonesia’s Medco to invest in cassava-based Ethanol

Indonesia’s Medco to invest in cassava-based Ethanol in at least one of three factories it is expecting to build in the country for between $135-144m, according to the Investor daily, quoted by Planet Ark.

Medco plans to export the ethanol to India, according to the report.

Indonesia plans to plant more than 5 million hectares with palm oil, jatropha, sugar cane and cassava by 2010 as biofuel feedstock, according to Planet Ark, but it is not clear how much of this will be replaning of existing plantations, and how much will be cleared forest.

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