Monday, May 21, 2007

Italian company to invest 6 million EUR to growing rape for bio fuel

As much as 6 million EUR will be invested by the Italian company Kogen-P into the project of growing rape for production of bio fuel in the Sumy region.

The Italian company means to rent 6,000 ha of land in the Putivlsky district of the region to grow rape there since the upcoming autumn. Bio fuel will be used at power stations, one of which is being already constructed in Italy specially for the Ukrainian fuel.