Stratos Renewables Corp. (SRNW.OB) – Ethanol Production in Peru has Potential to Grow Exponentially
Gov. Cesar Trellas of the Peruvian region, also known as Piura, stated in an interview that northwest Peru would someday produce 400 million gallons of ethanol a year. This is huge as it represents 7% of all the ethanol Americans purchased last year. Part of President Bush’s plan to reduce dependence on imported oil is increasing the use of alternative fuels such as ethanol. Peru could be the perfect source of the alternative fuel ethanol as it continues to grow favorable conditions and trade preferences with the United States. The President of Maple Cos. stated, “Peru is one of the…