Yahoo News 17 Sep 08;
South Korea has signed an initial deal to lease 25,000 hectares (61,750 acres) of Indonesian coastal waters to grow seaweed for bioethanol fuel, the government said Wednesday.
The letter of intent was signed between the Ministry for Food, Agriculture, Forestry and Fisheries and its Indonesian counterpart.
Yonhap news agency said the seaweed would be used to make commercial pulp products and bioethanol, a more environmentally friendly fuel used in internal-combustion engines either in pure form or as an additive.
