News International Sugar Journal

South Africa – Brazilian company plans to build an ethanol plant [Registered]

Silvapen Group, the South African – Brazilian company, plans to build ZAR1.2 billion (US$111 million) sugar-to-ethanol plant in KwaZulu-Natal. Work on the project is expected to commence in June or soon after, according to an informed source in the company. The plant in Jozini will be financed by South African financial institutions, including the government and private equity. Brazilian know-how will be deployed in the project. The spur for this new project in the country is the Mandatory Blending Regulations framework which commences on 1 October 2015 and requires that all licensed petroleum manufacturers purchase biofuels exclusively from licensed biofuels…

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