Petroecuador introduces ethanol

November 1, 2003

Ecuador-based company Petroecuador will begin production of alternative fuels to replace the country's importation of petroleum products, Oil Daily reported in November. A pilot plant near Quito would produce 18,720 gallons per day of fuel-grade ethanol utilizing 98,842 acres of cane sugar and other sugar plants, helping Ecuador save over $50 million per year in petroleum imports. The plant would expand to 144,820 gallons per day in the future.

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