Jul 27, 2011 - Argentina's government yesterday said it had assigned an ethanol supply quota of 125,000 cu m (4.4 million cu ft), equal to 125 million litres, per year to local firm ACA Bio Cooperativa Ltda.
The company will produce the ethanol in a planned plant, which should be ready by April 2013. The plant, worth USD 80 million (EUR 55.2m), will be built in the Villa Maria city in the central province of Cordoba, ACA Bio said last month.
The ethanol will be mixed with petrol (gasoline) and will be sold in the internal market.
(USD 1 = EUR 0.690)
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