Tag: Shree Renuka

Shree Renuka to boost ethanol production up to 30% in next 6-8 months

Shree Renuka to boost ethanol production up to 30% in next 6-8 months

September 13, 2018 |

In India, thanks to the government’s policy to boost prices for ethanol produced from sugarcane juice by 25%, Bloomberg reports that Shree Renuka plans to boost ethanol production also by 25% -30% from the current 1.2 billion liters in the next half year. With the equivalent of the world’s sugar surplus sitting as surplus in […]

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Shree Renuka to invest in ethanol production from sugarcane juice

Shree Renuka to invest in ethanol production from sugarcane juice

June 6, 2018 |

In India, as the country’s largest supplier of ethanol to oil marketing companies, Shree Renuka Sugars plans to boost its ethanol production using cane juice now that the government has deregulated the sector and will allow production from feedstocks other than molasses. The move follows Wilmar’s recent move taking over management of the company. It […]

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Shree Renuka negotiating with Castlelake LP to sell Revati mill

Shree Renuka negotiating with Castlelake LP to sell Revati mill

February 19, 2018 |

In Brazil, Reuters reports that Shree Renuka is getting closer to offloading its Revati sugarcane mill, potentially to US-based private equity firm Castlelake LP with whom it’s currently in negotiations. The firm is already in discussions with potential cane suppliers to ensure sufficient feedstock should it move forward with a formal offer to purchase the […]

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