American concern to build biofuels plant near Szczecin

Becco will invest zł.92 million in the plant which will result in the creation of about 200 new jobs. The plant will be constructed in the area managed by Infrapark Police. "The land lease agreement between Becco Poland and Infrapark Police was signed yesterday at the seat of Zaklady Chemiczne Police (ZChP) chemical plant, which is the main shareholder of Infrapark," revealed ZChP spokesperson Piotr Wachowicz. He added that the investment will translate into revenues for the state budget which will amount to around zł.1.1 billion from VAT and around zł.37.7 million from income tax. The company expects a profitability of 5% and a gross profit of zł.198.42 million in the first year of its operation. (Puls Biznesu, p. 8) E.B.