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.
Zhonggong International recently signed a contract with the Ethiopian Sugar Company to build a sugar factory in Amhara, according to press reports from China.
Meghna Sugar Refinery Ltd, a sister concern of Meghna Group of Industries, has secured a loan of US$82 million from a consortium of foreign financial institutions to establish a sugar refinery plant at Meghna Economic Zone in Narayanganj, according to local press reports.
Austria – Agrana partnering with Amalgamated Sugar to build €40 million crystalline betaine plant [Full subscriber]
The fruit, starch and sugar company Agrana has signed a joint venture agreement with the US sugar producer Amalgamated Sugar Company for the construction of a betaine crystallization plant in the sugar factory Tulln (Lower Austria), according to a recent release from the company.
There is no clarity as to when or whether the planned new beet sugar factory in Merida through massive investment by the Al Khaleej Sugar group will go ahead, according to local press reports.
Papua New Guinea – New build sugar mill project receives an investment of US$1 billion [Full subscriber]
An agreement by Papua New Guinea (PNG), China and Thailand was signed in Port Moresby on 22nd November to build a new sugar mill and a cogen unit supported by cane plantation along with logistics infrastructure worth PGK3.4 billion (US$1 billion) in the Abau district of Central, according to local press reports.
US ethanol producer Poet LLC said on 26th October that it is planning to construct a new plant in Indiana after earlier this month President Donald Trump directed the Environmental Protection Agency (EPA) to lift the ban on summer sales of E15.