Are you sure?

Investors plan bioethanol plant in Hungary

A group of Hungarian, Swiss, Austrian and German investors plan to build a Ft 22 billion bioethanol plant in Orosháza (SE Hungary), Tibor Érsek, managing director of project company Duna Fejlesztési, told MTI on Wednesday

Érsek said the investors have already purchased a 10-hectare plot to build the plant and will start acquiring the necessary permits in May. The plant is expected to start operation in the autumn of 2009 The plant will have the capacity to produce an annual 100,000 cubic meters of ethanol, 18MW of electricity and 60 million cubic meters of biogas from some 280,000 tons of grain, mainly maize. (MTI-Econews)