Stratos secures land to produce up to 341Ml/y of ethanol

California-based ethanol producer Stratos Renewables has secured land on Peru’s northern coast to produce up to 90Mg/y (341Ml/y) of ethanol.
“We are solidifying contracts with major engineering and construction companies to further implement our business plan,” company CEO Tom Snyder said in a release.
Stage one of Stratos’ project in Peru entails the expansion and conversion of the Estrella del Norte sugarcane mill into an ethanol facility, specifically a mill to process 1,100t/d of sugarcane and a 4Mg/y distillery, BNamericas reported previously.
Stage one also includes developing 500ha of seedling nurseries to plant 1,000ha/m of sugarcane as well as securing land and water. Stage two is expected to start in December and carried out from 2009-10 and stage three is intended to take place in 2011-12.
These subsequent stages each are intended to add two mills and two distilleries. Stages two and three are expected to bring total ethanol production to 90Mg/y and 180Mg/y respectively.

About Sugar Cane Ethanol

Ethanol — particularly sugarcane ethanol — is a clean burning, high-octane biofuel. It is a renewable energy source and can be grown year after year. Pure ethanol, a grain alcohol produced from sources such as corn and sugarcane, is not typically used as a replacement for gasoline. Rather, anywhere from 10-85% ethanol can be integrated into a gasoline supply to reduce both oil consumption and fuel burning emissions that contribute to global warming. Sugarcane has become the primary fuel source for Brazil, a country that has successfully weaned itself from a dependency on foreign oil. Stratos believes that Peru is capable of growing up to twice the amount of sugarcane per hectare (ha)* than an equivalent operation in Brazil.

*A hectare (ha) is a metric unit used to measure area
1 ha = ~2.5 acres

Stratos Renewables Corp. SYMBOL: SRNW.OB Click here for Current Share Price