Angola: Companhia de Bioenergia de Angola to have factory operating by 2012

18 March 2009

Brasilia, Brazil, 18 March – Companhia de Bioenergia de Angola (Biocom), an Angolan-Brazilian partnership, plans to invest in a sugar cane plantation and construction of a factory to produce sugar, ethanol and bioelectricity in the municipality of Cacuso, in the Angolan province of Malanje by 2012.

The company is a partnership between Brazil’s Odebrecht, private Angolan group Damer and state oil company Sonangol. Investments are expected to total US$258 million and 30,000 hectares of land are earmarked for use.

The project was designed with the aim of reducing sugar imports as well as fossil fuel consumption in Angola, according to the chief executive of the Union of the Sugar Cane Industry (Unica), Eduardo Leão de Sousa.

According to Leão de Sousa, Angola has considerable agricultural potential, especially for biofuel production, as it has excellent agricultural and climate conditions and availability of arable land.

Although Angola has similarities to Brazil in terms of climate and availability of arable land for planting sugar cane, in Angola the sugar cane will mainly be used to produce sugar in order to reduce the amount of sugar imported each year.

As well as Brazil transferring all the know-how it has acquired over the last 30 years in producing biofuels, the Brazilian construction company Odebrecht will also be involved in implementing and managing this project.

The company, which has been operating in Angola for 21 years, will have a 40 percent stake in the partnership that gave rise to Biocom, which also has Damer (40 percent) and Sonangol (20 percent) as shareholders.

Forecasts point to production of 30 million litres of ethanol in 2012, as well as 250,000 tonnes of sugar and 160,000 mwh of bioelectricity, production which will initially supply only the domestic market. (macauhub)