IVANO-FRANKIVSK region, Sept. 18 ??“ Austria??™s company BioDiesel Vienna is to invest EUR50 million by 2008 into the construction of a plant in Ivano-Frankivsk region to produce biodiesel from rapeseeds.

Director of Ivano-Frankivsk Institute for Agri-Industrial Production Mykhailo Abramik announced the plans for the plant in an interview with Interfax-Ukraine.