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(From Financial Mail)
Byline: Shareen Singh
Energy NEW PRODUCER FULL OF BEANS While government lingers over a decision on mandatory blending of clean fuel with diesel and petrol, local companies are moving speedily to establish biodiesel and bioethanol plants and get overseas customers.
A new player in the industry, empowerment outfit Siyanda Oil, has found an offshore buyer for its biodiesel and is wasting no time in getting ready to produce the fuel additive, using soya beans as feedstock.
With soya farmers and seed companies in Newcastle, KwaZulu Natal, on its side, Siyanda, headed by CEO Madi Ramsamy and chaired by Danisa Baloyi, says …