Zimbabwe: Green Fuel to Invest U.S $1 Billion

22 January 2014

GREEN Fuel, Zimbabwe's largest ethanol producer plans to spend close to US$1 billion on expansion in the medium term as the company seeks to become a regional ethanol giant, general manager Mr Graeme Smith has said.

About US$560 million would be spent on the construction of additional two plants with a combined capacity of 40 million litres of ethanol per month and US$400 million on developing farm land measuring 40 000 hectares.

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