Mon, 20 Feb 2012 05:27:18 CDT
CAPE TOWN - South Africa plans to invest 2 billion rand to build an ethanol plant and help a nascent biofuels sector that could reduce the country's reliance on imported fuel, an industry player said on Monday. Africa's biggest economy imports about 60 percent of its crude oil needs and became a net importer of finished petroleum products several years ago. In recent months, South...
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