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Reuters Husky Energy to Build C$145 Million Ethanol Plant

Date: 28-Oct-05
Country: CANADA

The company said the plant, which is scheduled to be fully operational by mid-2007, will have production capacity of 130 million liters of ethanol per year.

The plant will be built on the site of Husky's existing plant at Minnedosa, Manitoba and is the company's second major ethanol facility.

Ethanol, made from grain or other plant sources, reduces greenhouse gas pollutants because the plants absorb carbon dioxides as they grow.

($US1=$1.17 Canadian)

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