HAMBURG Dec 17 U.S. agribusiness giant Cargill
said on Tuesday it will build a 60 million euro ($82.5
million) ethanol production plant in Germany that will use wheat
as a feedstock.
The plant will produce 50,000 cubic metres of ethanol per
year destined for the German and European beverage, cosmetic and
pharmaceutical industries, the company said. It is expected to
be operational by autumn 2015.
The new plant at Barby in Saxony Anhalt will be built
alongside Cargill's existing wheat processing plant on the site.
The plant will produce ethanol using feedstock from the
adjacent wheat facility, using primarily locally grown wheat.
Cargill has existing European network of ethanol plants in
Manchester in the United Kingdom, Sas van Gent and Bergen op
Zoom in the Netherlands and Wroclaw in Poland.