BY BIOPACT TEAM
DECEMBER 03, 2007
According to the Philippine Department of Agriculture, Spanish biodiesel firm Bionor Transformacion S.A. is to invest US$200 million to develop at least 100,000 hectares (247,105 acres) of land into jatropha plantations. The company disclosed its plans to invest in the Philippines through a memorandum of agreement signed recently between AME Bionergy Corp. and the country's Agricultural Development and Commercial Corporation (PADCC).
