Russia gives green light to biofuel plant
Russia is to start production of an advanced biofuel called bio-butanol. It is a new-generation green fuel made of maize, wheat, sugar-beet, sugar-cane or barley.
It can be blended with existing fuels to make conventional petrol go further.
The country's first bio-butanol plant will be located in the Irkutsk region, using a special non-waste technology to produce fuel from renewable sources. It is scheduled to open later in 2008
The plant will expand into the Eastern-Siberia Biotechnology complex later this year.
The state-owned Russian United Industrial Corporation Oboronprom and the non-profit Fuel Energy Union will invest $US 20 million in the project.