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December 19, 2007 | Jim Lane | Comments 0

Belarus, Greenfield agree to build $288 million ethanol plant

In Belarus, Greenfield Project Management of Ireland has signed an agreement with the national government to build and operate an ethanol plant, Production capacity was not disclosed, but has been estimated at up to 280 Mgy.

Project cost is projected at $288 million and construction is slated to begin next month at an undisclosed location.

Ethanol development in Eastern Europe has been under a cloud due to heat and drought which have badly affected the primary Eastern European wheat growing areas such as the Ukraine.

Aside from the Belrus plant, only a 1 million tonne grain ethanol plant in Tatarstan, a republic of the Russian Federation, championed by President Shaimiyev has gone forward. The project is expected to be completed by 2010. Tatarstan is approximately 900 miles east of Minsk, the capital of Belarus.

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