GuySuCo yesterday commissioned its $85 million Bioethanol Demonstration Plant at the Albion Estate, where it was hailed as a “stepping stone for greater things” despite not being a commercial venture.
Minister of Agriculture Dr Leslie Ramsammy said that this demonstration plant could begin the revolution in agro fuel, while proclaiming that Guyana was well on its way to having local technologies leading the bioethanol industry.
GuySuCo CEO Paul Bhim, however, stressed that the plant was a demonstration plant and it was never intended for commercial results.
He told reporters that the Inter-American Development Bank (IDB) provided $67 million in