Measures taken by the Indian government in 2018 to boost ethanol production in the country are already resulting in an increase in contracted supply volumes, according to local press reports.
On the back of the government initiative to drive biofuels production in the country, sugar mills have lined up fresh investment to the tune of INR 60 billion (US$840 million) to upgrade for producing ethanol from sugarcane, according to local press reports.
One of India’s top sugar companies Balrampur Chini Mills is investing in a new ethanol plant that will increase its capacity from the current 115 million litres to 18 million litres.
Imports of ethanol to Brazil more than doubled to 172.36 million litres in December ‘18, compared with 83.57 million litres during the same month of 2017.
Between January and November 2018, the industry milled 23 million tonnes of cane, that is, 3% percent more than in 2017, with sugar production expected to reach 2.44 million tonnes with an increase of 9% compared to a year ago, according to the Sugar Cane Growers Association of Colombia (Asocaña).
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.
USA – Governor Ricketts inaugurates US$50 million biobased ethyl acetate plant in Nebraska [Full subscriber]
Governor Pete Ricketts inaugurated the Prairie Catalytic, LLC’s new US$50 million biobased ethyl acetate production facility in Columbus, Nebraska on 4th September, according to a press release from the governor’s office.
The government has so far received around 150 proposals from sugar mills seeking soft loan under the newly legislated national biofuels policy encouraging expansion and setting up of a new ethanol capacity, a senior Food Ministry official said, according to local press reports.
The heavily indebted sugar-ethanol sector in the country is paving way for expansion in corn-based ethanol, reports Bloomberg.
The India-based Godavari Biorefineries Ltd. (GBL) will be re-commencing its production of bio-based acetic acid at its Sakarwadi facility in Maharashtra from August 2018 using molasses-based ethanol for feedstock.