Mon, 16 Oct 2006 5:30:00 PDT
NEW YORK, NY (MARKET WIRE) Globex, Inc. (PINKSHEETS: GLXI), today announced that is entering the final phase of negotiations with Brazilian Private Organizations to acquire national ethanol permits. These permits will allow Globex to construct an ethanol plant in Brazil. Globex's plans, which are to build an ethanol plant that will employ its proprietary supercritical fluid (SCF) pre-treatment technology and produce ethanol by
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