In the UK, Vireol, a biofuel producer, is looking to raise $125 million for a bioethanol plant in England. The company, which is collaborating with Future Fuels for the development of the plant, plans to raise the funds by the end of Q1. The plant will have an annual production capacity of 200 million liters, with construction expected to commence in 2014 with operations scheduled to begin in 2016.
Category: Fuels