A new beet sugar plant is planned at a 70-hectare site in Aksu city of Pavlodar region, according to local press reports.
Top government officials, including President Rodrigo Duterte, have lauded the opening of the 40 MW bagasse-based cogeneration plant in Victorias City owned by Victorias Milling Company (VMC), according to local press reports.
Egypt – US$291 million injected in the Canal Sugar project – completion date set at 2021 [Registered]
The US$ 1 billion Canal Sugar project in the Minya state, headed by the Emirati investor Jamal Al Ghurair, signed three contracts worth EGP 5 billion (US$291.3 million) to complete the establishment of beet sugar factory complex along with agricultural production.
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.