CHMC asks Brazilian farmers to help build corn-ethanol plant

04/4/2013 | Bloomberg

China National Heavy Machinery plans to build a corn-ethanol plant next year in Nova Mutum, Brazil, with the aid of Brazilian farmers. CHMC is asking farmers to invest $20 million in the plant, which is expected to process 400 tons of corn per day. The corn ethanol will help farmers have revenue diversity and additional product value.

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