State-owned sugar and tobacco plantation firm PT Perkebunan Nusantara (PTPN) X is diversifying into production of biofuels and electricity this year in an effort to maintain its competitiveness, reported The Jakarta Post. “Sugar manufacturing costs continue to increase, in line with the rise in sugarcane prices. On the other hand, we cannot increase sugar prices that easily. So one way to solve the problem is by diversifying our business,” said PTPN corporate secretary M. Cholidi. The bioethanol plant will be installed at one of its sugar mills in Gempolkrep, Mojokerto, East Java province. Feedstock will be molasses. Production capacity is… Login to continue

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