Pongamia is already a bet for biofuels in South America
Born Brazilian and raised Dutch, entrepreneur Marcel Heesewijk started this year in Paraguay the commercial production of a plant that can replace all others as a source of biofuel - even for airplanes: the pongamia, also called Indian birch. Investancia is located in Paraguay, but there are already plans to expand it in Brazil. The planted area is 700 hectares, but it will soon increase to 1,200 hectares. In the field, each pongamia tree captures an average of 44...
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