Nth. Qld. Bio-Energy Corporation Limited (NQBE) is a Queensland based company, planning the construction of a $425 million sugar (raw & white), ethanol and power generation facility in Ingham, North Queensland.
This "state-of-the-art" facility will be the first of its kind in Australia and will produce approximately 335,000 tonnes of sugar annually, have a flexible ethanol distillery capacity of between 90,000 and 250,000 litres per day and generate between 80-85 MW of renewable "green" power.
The project, which is expected to be fully operational by June 2016, will provide a major boost for the local Herbert River District economy. Sugar cane growers will benefit from increased revenue derived from the additional products produced and with an anticipated workforce of approximately 220-250, full-time employment will be boosted.