Pakistan ethanol exports jumped to $425 million in revenues in 2018

In Pakistan, the Dawn newspaper reports that ethanol exports soared last year to 653,443 metric tons compared to 572,056 tons in 2017. The average price for the ethanol exported was $650 per ton, brining receipts for 2018 to around $425 million. Currently there are 18 distilleries producing anhydrous ethanol, ENA and industrial ethanol. In the past, the sugar industry would dispose of molasses as a useless waste product but now is able to produce 2 metric tons of ethanol from 10 tons of molasses, fetching high prices on the global market.