South Africa Planning a $261 Million Ethanol Plant, Reuters Says

South Africa may invest 2 billion rand ($261 million) in an ethanol plant that may start operating in 2014, Reuters reported, citing Roak Crew, chief executive officer of Sugar Beet RSA.

The proposed plant would initially produce 90 million liters (23.8 million gallons) of ethanol from sugar beet and sorghum, Reuters reported. Output may be increased to 200 million liters a year, it cited Crew as saying. Sugar Beet RSA is working on the project with the South African government, it said.

To contact the reporter on this story: Jana Marais in Johannesburg at jmarais@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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