SamoaFiber to Produce Bio-Oil in Peruvian Amazon Region

SamoaFiber Holdings (SFH) is obtaining the needed Peruvian governmental approvals to further its bio-oil operations in Eastern Peru, which entail using the cana brava, an indigenous plant, that would both provide much needed electrical energy and support the country’s economy.

In Peru, after meeting with SamoaFiber Holdings’ CEO William L. New and other company executives, Loreto’s Regional President Ivan Vasquez announced that he’s been “coordinating with the national Executive (power) the start of an ambitious project aimed at producing bio-oil from the industrialization of cana brava (gynerium sagitatum), or SamoaFiber, which grows wildly throughout the Amazonian flood lands.” According to Dr. Alan Garcia Perez, whom Vasquez said was interested in building a bio-oil production plant in Loreto, “the cana brava plant (SamoaFiber) can turn 80 percent of its biomass into bio-oil, a product that will be exported bringing revenue to the country.” Lic. Vasquez also announced that SamoaFiber Holdings already has a two million ton per year request of bio-oil that will be exported to European and Asian markets: “We’re going to work this as a joint effort between those of us who think these resources should be managed under sustainable development practices to give the world much cleaner and dependable energy products.”

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