International Sugar Journal

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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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.

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India -150 proposals from sugar mills submitted to govt to build ethanol plants [Full subscriber]

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.

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Brazil – Expansion in corn-based ethanol expected to continue [Full subscriber]

The heavily indebted sugar-ethanol sector in the country is paving way for expansion in corn-based ethanol, reports Bloomberg.

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Godavari Biorefineries restarts production of biobased acetic acid [Full subscriber]

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.

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Brazil – Ethanol reserves rising, prices falling, increased sugar production likely [Full subscriber]

As ethanol prices tumble amidst rising stockpiles and storage capacity becoming increasingly limited, the prospect of sugar output increasing seems likely, according to Bloomberg.

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India – Hike in ethanol price to USȼ64/litre expected to expand production [Full subscriber]

The Indian government has decided to increase the ex-mill price of ethanol derived out of the C-molasses, by almost INR3 per litre to INR43.70 (USȼ64) per litre for the next contract period starting from December 1, 2018 in a bid to cut India’s oil import dependence as well as support the sugarcane industry, Finance Minister Piyush Goyal told reporters after a meeting of the Union Cabinet headed by Prime Minister Narendra Modi on 27th June.

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India – BK Birla Group invests US$11.8 mln in a new distillery [Full subscriber]

After several failed attempts to sell its sugar business, the BK Birla Group is setting up a distillery at an estimated cost of INR800 million (US11.8 mln) to make the unit viable, according to local press reports.

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Angola – Biocom’s new build project continues to expand production of sugar, ethanol and power [Full subscriber]

Angolan bioenergy company Biocom expects a turnover of US$300 million this year from the output and sale of 100,000 tons of sugar, 20,300 cubic meters of ethanol and 110-gigawatt hours of electricity, according to local press reports.

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Brazil – With industry debt of over US$31 billion, millers bet on ethanol [Full subscriber]

Following the credit crunch in 2008, the sugar-ethanol sector in Brazil continues to be heavily indebted, according to local press reports.

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