SANTIAGO, PANAMA –Agro2 announces it will be the first company to research and produce ethanol from cassava in Panama, thanks to funding from FACT Foundation and the Global Sustainable Biomass Fund of NL Agency, a division of the Dutch Ministry of Economic Affairs commissioned by the Ministry of Foreign Affairs.
“We are very excited about this project and are eager to stimulate cassava as a sustainable biomass source” said Maartje op de Coul, Global Sustainable Biomass Fund Coordinator.
Dutchman Frans van Hulle, Agro2’s founder, has been growing cassava for three years, and is constructing a demonstration ethanol plant in Veraguas and will begin testing this year.
Agro2 is exploring cassava’s feasibility as a sustainable ethanol feedstock for the Panamanian market. The project aims to provide income for local farmers who produce cassava. Agro2 has been collaborating with local farmers, businesses and NGOs to research and analyze local and foreign cassava varieties.
The company is organizing a farmer’s association to organize farmers for the roll out of the planned 1,000 ha. in the next 3 years.
Van Hulle says his goal is to become a sustainably certified supplier of ethanol for local markets. “In Panama, all of the fuel we use is imported, but what I would like to see is cars in Panama City powered by locally grown, sustainable cassava.”
$2.5 Million will be invested in a cassava processing plant with capacity to produce 1400 quintals a day of flour for export.
Dutch companies are to visit Costa Rica in order to provide waste management solutions.
The company Agro 2 has opened the first plant of its kind in Santiago, province of Veraguas.
XAGRO S.A. Along with its partner JAM LLC, announced today that they will begin testing the commercial production of cassava chips to be used for the production of ethanol fuel in China.