International Sugar Journal

India – Banks put brakes on new build ethanol plants [Full subscriber]

The Indian government had received hundreds of proposals from sugar mills seeking a soft loan under the newly legislated national biofuels policy encouraging expansion in capacity through new build activity. However, ethanol production capacities haven’t come on-stream at the desired pace despite swift approval from the food ministry to the proposals, according to local press reports.

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Brazil – 24 mills expanding ethanol production capacity [Full subscriber]

On the back of RenovaBio policy, the biofuel sector is expanding as sugar-energy groups invest in increasing capacity.

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Brazil – COFCO invests in expanding ethanol production capacity at its mills [Full subscriber]

Chinese commodities trader COFCO International is to expand ethanol production at its four mills in Brazil to increase its competitiveness as returns from sugar are disappointing, reported Reuters.

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Brazil – Millers bet on ethanol, investing in capacity expansion [Registered]

Brazilian sugar companies are increasing their capacity to produce ethanol in the face of depressed global sugar prices and government policies expected to boost demand for the biofuel, reported Reuters.

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Brazil – BNDES approves US$17 mln for expanding cogen capacity at Pitangueiras plant [Full subscriber]

The National Bank for Economic and Social Development (BNDES) approved on 2nd October a BRL62.9 million (US416.9 mln) financing for the expansion of the cogen unit at Pitangueiras sugar-ethanol plant located in the municipality of Pitangueiras (Sao Paulo), according to local press reports.

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Côte d’Ivoire – Sucaf to invest US$156 million to expand sugar production at its factories [Registered]

The Ivory Coast sugar company Sucaf recently announced a significant investment to expand both cane production at its plantations as well its factories processing capacity, according to local press reports.

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Zambia – CFL secures loan of US$15.6 million for expanding cogen unit [Full subscriber]

The Eastern and Southern African Trade and Development Bank (TDB) has approved a US$15.6 million bilateral loan facility for Consolidated Farming Limited (CFL),

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Vietnam – Tuy Hoa mill secures investment of over US$9 million to expand capacity [Registered]

Authorities of the central province of Phu Yen have agreed to expand milling capacity of the Tuy Hoa sugar factory from 2300 tonnes to 3200 t cane/day (tcd).

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Brazil – Ethanol plants invest in expanding sugar production capacity [Registered]

Encouraged by prospects of deficit in sugar output against the global demand at least until 2017/18 which has seen prices breach UScents 20/lb, ethanol plants in Brazil are investing in expanding sugar production capacity, reports Valor Economico.

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Tanzania – TPC invests US$5mln to increase sugar production [Registered]

TPC Director of Corporate Services, Mr Jaffari Ally was reported as saying that the firm is set to spend more than TZS11bln (US$5 mln) on investment in machinery and expansion of farms.

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