Novozymes: China's biofuel projects need up to $13B in investments

04/21/2009 | Reuters

China has to invest as much as $13.2 billion to support biofuel projects in the country, including the construction of up to 250 bioethanol factories, Novozymes said. The Danish company partnered in February with the Chinese firms Sinopec and COFCO to produce and distribute bioethanol derived from agricultural waste.

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