Paraguay approves free zone for ECB Group’s Omega Green project

February 5, 2020 |

In Paraguay, Biofuels International reports that the Paraguayan government has approved a free zone for the proposed Omega Green project, the southern hemisphere’s first renewable diesel and aviation biofuel facility that ECB Group plans to build for $800 million. With the free zone in place, the project that is of “national interest” is guaranteed a 30-year legal framework to ensure the project is bankable and reaches completion. The fuel produced at the proposed facility is intended for export to North America and Europe.

Print Friendly, PDF & Email

Tags: , ,

Category: Policy

Thank you for visting the Digest.