Biodiesel plant planned for Santa Fe

Owned by Noble Group of Hong Kong, agricultural commodity trader Noble Argentina is looking to build a biodiesel plant in Santa Fe province, Argentina.

Costing $50 million (€35 million), the project will feature a biodiesel and power cogeneration plant, a soyabean crushing facility, a storage plant for grain and a port.

Planned for Noble Argentina's site in the Timbues region, the plant will handle 10,000 tonnes a day of soyabeans.