Stratos Renewables Corp. (SRNW.OB) – $2 Billion to be Injected into Peruvian Ethanol Production
Increased demand for ethanol production in Peru has drawn attention from Pablo Bustamante, president of the Peruvian Association of Sugar and Biofuel Producers. Bustamante recently announced that $2 billion could be invested in Peruvian ethanol production this year. "The sugar industry will meet the country's demand by next year and therefore, thanks to ethanol, it is expected to double, triple or increase five times the size of this powerful industry, especially in the northern provinces in terms of social impact,” Bustamante said in a statement. While Peru is not yet in full swing production of ethanol, the Peruvian association has…