Caribbean Bio Energy and the National Port Company have agreed to the installation of an ethanol plant in the port of Castilla. The raw material, in this case sugarcane, will be brought from Brazil for the first year of operation. Anticipated production capacity is one million gallons of ethanol annually, and the investment is USD 1.8 million. It is anticipated that 35% of the produced material will be sold in Honduras. The contract is subject to approval by Congress.