Serbia to build biodiesel, fodder plant

Serbia to build biodiesel, fodder plant
DailyIndia.com - Niskayuna,NY,USA
ZRENJANIN, Serbia, Sept. 25 (UPI) -- A US-Hungarian consortium and Serbia signed an agreement to build a plant to produce bio-ethanol ...

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ZRENJANIN, Serbia, Sept. 25 (UPI) -- A U.S.-Hungarian consortium and Serbia signed an agreement to build a plant to produce bio-ethanol, fodder and bio-fertilizers.

The Biotech Energy consortium and the town hall of Zrenjanin, 50 miles north of Belgrade, signed the $483 million agreement on a "greefield" investment, RTS Serbian radio-television reported Monday.

By 2009, the plant in northern Serbia is expected to process 1 million tons of wheat and 500,000 tons of corn annually, to produce 545,000 tons of bio-diesel, an environmentally friendly fuel for engines, per year.

The plant, to be built at the Begej River port, will export 515,000 tons of fodder and bio-fertilizers, RTS said.

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