ADVERTISEMENT

United BioFuels to build bioethanol plant in Mohács

Recycling

The local council of Mohács, south Hungary, has picked Switzerland's United BioFuels over Sweden's Sekab and another company to build a bioethanol plant in the city, business daily Napi Gazdaság reported on Thursday.

Construction on the plant, which will have capacity of 100,000 cubic meters, will start this year, as soon as all of the necessary permits are acquired, Mohács mayor József Szakó told the paper.
The plant will be completed by the end of 2007 and will employ 80 people. It will require 300,000 tons of maize which will be grown on 40,000 hectares, Szakó said. The plant's capacity could be doubled at a cost of Ft 20 billion by the end of the decade, he added.
The plant's construction is being coordinated by Duna Development Kft, which is jointly owned by the states of Hungary and Austria. Duna Development is also involved in the construction of seven other bioethanol plants in Hungary.

ADVERTISEMENT

Digitization, sustainability among characteristics of future... Analysis

Digitization, sustainability among characteristics of future...

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.