Nazarbayev opened bioethanol factory in North Kazakhstan
05/09/2006, Kazakhstan Today
Petropavlovsk. September 5. Kazakhstan Today - The President of Kazakhstan Nursultan Nazarbayev opened a new industrial complex on bioethanol manufacturing today in the city of Taiynsha of the North-Kazakhstan oblast," the agency reports.
The total cost of the project on bioethanol manufacturing totals $94 million. Kazakhstan Bank credit made $60.9 million, Alpha-bank credit - $17.5 million, Center credit Bank credit - $5 million and Biohim own resources - $10.6 million.
The main consumers of Kazakhstan bioethanol will be the countries of the European Union the requirement of which is the existence of bioadditives fuel (not less than 5 %).
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