China New Energy
Has entered into a memorandum of understanding with Sunbird Bioenergy Africa to develop a flagship biorefinery in Nigeria with the possibility to extend this initial project to include a further nine biorefineries.
The company will commence working on the design of the first project immediately and the first plant is anticipated to be constructed within two years, entering full commercial production in early 2016.
Subject to completing the first project, a further nine biorefineries are expected to be contracted to be built within a 10-year period.
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