California-based CTI Technology (CVAT.OB) today announced a long-term agreement with Biocombustibles y Energias Alternativas (ALSBIO) to develop projects in Argentina and other parts of Latin America. According to the announcement, ALS had already partnered with DOW Chemical and identified several projects where CTI technology could dramatically improve yields and profitability. CTI CEO Roman Gordon said, “We are very pleased to be working with ALS and DOW on these projects and expect that there is a bright future for the combination of our technologies in Argentina as well as the rest of the world where older outdated technologies have been installed.” Argentina is one of the world’s largest exporters of biofuels, and CTI was recently chosen one of the “50 Hottest Companies in Bioenergy“ by the leading industry publication, Biofuels Digest.For more information about investing in Biofuels in Argentina, click here for a Sector Summary or e-mail me at info@investba.com.
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