Indian sugar miller to invest $11.8 million in ethanol production

May 29, 2018 |

In India, BK Birla has decided to invest $11.8 million in an ethanol distillery to help boost supplies for regional blending after failing to sell of the sugarcane mill in Bihar altogether. Two years ago, the group decided to spin off the sugar unit from its tea business to facilitate the sale but has made no progress in the divestment. With construction set to begin later this year, it ethanol production should be ready to start in time for the 2019/2020 sugarcane crush.

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