Hyderabad, Dec. 5

Southern Online Bio Technologies Ltd will set up itssecond bio-diesel unit at the multi-product SEZ nearVisakhapatnam at a cost of Rs 90 crore. The APIIC(Andhra Pradesh Industrial Infrastructure Corporation)has allocated 10 acres to take up the 250-tonne-a-daycapacity unit at the SEZ coming up at Atchutapuram."The location is advantageous for us. The proximity tothe Gangavaram Port would help us import vegetable oilsfrom abroad and export the finished products," Mr N.Satish Kumar, Managing Director, said here in a press release. -- Our Bureau

(This article was published in the Business Line print edition dated December 6, 2007)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.