EUR 48mn for biodiesel plant in Vojvodina

Jerković Group is set to build biodiesel production plant in Vojvodina worth EUR 48mn.

Izvor: Beta

Sunday, 17.06.2007.

17:59

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EUR 48mn for biodiesel plant in Vojvodina

He said that the plant will have the capacity to produce 66,000 tons of biofuel per year and would likely be built in Sivac or Sonta.

Savić said that, according to estimates, the factory would process oleiferous plants harvested from around 200 hectares of land.

“Majority of processing material will initially be imported from abroad, until we establish cooperation with domestic subcontractors,” he said.

“Our plan will depend on the pace of the construction, but we hope to launch the production at the end of 2008 or at the beginning of 2009,” Savić said, adding that company’s owner Mile Jerković has recently been to Austria where he finalized terms of the deal with the Christof Group.

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