Impress ethanol plant $36.7 million expansion seen boosting owner’s profits

In Thailand, the second phase of Malaysia’s KNM Group’s ethanol plant, expanding the Impress facility to 500,000 liters per day from the current 200,000 liters per day from cassava, is expected to provide the company with long-term recurring income. The $36.7 million expansion project should take 18 months to complete. Profits from the first phase are about $2.3 million while expectations from the second phase are an additional $3.4 million, based on the local selling price of ethanol and cassava purchase price.