Stratos Renewables Corp. (SRNW.OB) Poised to Create Jobs and Cleaner Air
Stratos Renewables Corp. (SRNW.OB) views the biofuels market as an underserved but addressable market. The Peruvian government recently mandated that by 2010, 7.8 percent of gasoline include ethanol. The U.S. Renewable Fuel Standard is calling for 36 billions of renewable fuels by 2022. Despite the mandates and the obvious need for cleaner-burning fuels, production has fallen short of staying on track to meet these requirements. Stratos intends on boosting production through its operations along the coast of Peru, which offers year-round harvest and low export transportation costs. Though Brazil has taken the lead in sugarcane ethanol production, Peru offers a…