Egypt’s supply minister reviews $278m bioethanol venture as state eyes joint entity with Italian firms

Egypt’s Minister of Supply and Internal Trade Sherif Farouk discussed the advancement of a $278m project to produce bioethanol from sugarcane bagasse during talks with Italian firms Proger and Drexel, outlining plans to establish a joint entity for the project’s implementation.   The venture is bolstered by a 10-year p

Minister of Investment and Foreign Trade Mohamed Farid held talks with representatives of Italian companies Proger and Draxil on the latest developments in an investment project to produce second-generation bioethanol using bagasse generated from sugarcane processing, with targeted investments of around $278 million. T

Bayer, Corteva, Syngenta, and BASF dominate the global seed market. Growers in Italy are saving and trading seeds outside that system.