The new beet sugar factory in Seneffe, costed at €327 million and planned to come onstream in 2021 has hit a glitch – the cooperative of beet processors (CoBT), party to the project, has not managed to secure the necessary funding in shares held by farmers after the second subscription period was opened to interested farmers.
The Ethiopian Sugar Development Corporation (ESDC) has awarded a US$95 million contract for China CAMC Engineering Co. Ltd (CAMCE) – a Chinese construction firm – to undertake the construction of the unfinished Tana Beles-I sugar plant project, according to local press reports.
Together with the US sugar producer The Amalgamated Sugar Company, the fruit, starch, sugar company Agrana is building a € 40 million betaine crystallization plant in Tulln, Austria.
Brazil’s largest grain-producing state Mato Grosso will see an investment of BRL 1 billion (US$257 million) by FS Bioenergia in the building of the company’s third corn-ethanol plant in Nova Mutum, according to Valor Economico.
Philippines – Universal Robina’s new sugar mill in Negros Occidental to commence operation [Full subscriber]
The food and beverage company Universal Robina Corp. (URC) said on 12th March that its sugar and renewables subsidiary SONEDCO has inaugurated a new sugar mill in Kabankalan City, in Negros Occidental, according to local press reports.
The Sagaing region in Myanmar is expected to see significant investment with building of two new sugar plants according to both local press reports and that from Japan.
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.
A new beet sugar factory in Tashkent will commence soon following discussions between the Ambassador of Uzbekistan to Belgium Dilyor Khakimov and the De Smet SA Engineers & Contractors (DSEC) CEO Marc de Akoz, according to local press reports.
Australia – Mossman Sugar Mill gets US$17.6 million state aid for a new biorefinery [Full subscriber]
The Queensland government recently committed AU$25 million (US$17.6 million) to establish an innovative bio-refinery that would secure the future of the Mossman Mill owned by Far Northern Milling.