Lantic Sugar announced on 11th August that it is planning to expand by 15% – 100,000 tonnes – at its Montreal plant, according to local press reports.
Canada – Micro sugar refinery Sucro-can to double output to meet rising demand [Full subscriber]
In response to growing sugar demand from Ontario food manufacturers, Sucro Can Canada is more than doubling its sugar refining capacity at its Hamilton plant.
India – Several millers expanding capacity or building new ethanol plants [Full subscriber]
Ethanol production projects – both new build activity and expansion in capacity are on overdrive as millers, incentivised by the government policy pursue the blend mandate target of 20% by 2025.
Nigeria – Dangote Sugar to invest US$1 billion to expand sugar production [Full subscriber]
Dangote Sugar has announced that it plans to spend US$1bn to expand sugar production, reported Bloomberg.
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.
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.
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.
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.
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.
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.
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
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