Dallas-based Maple Energy is planning to plant 20,000 acres of sugar cane in Peru to produce ethanol for export to the United States and Europe.

According to this story from the Houston Chronicle, Maple plans to begin growing sugar cane on the acreage in northern Peru next year with a goal of producing 30 million gallons of ethanol a year.

Rex Canon, Maple’s CEO, says the project includes constructing a pipeline off the coast to a facility where tankers will load the ethanol for export. Canon said Peru’s northern coast offers among the best conditions in the world for producing sugar cane for ethanol, with hot, dry weather during the day and cool temperatures at night, year-round.