Tag: sugar mills

Indian Sugar mills asking for third tender to supply OMCs ethanol

Indian Sugar mills asking for third tender to supply OMCs ethanol

April 8, 2020 |

In India, the Business Standard newspaper reports that with falling fuel demand and therefore ethanol demand due to the lockdown called to slow the spread of COVID-19, sugar mills in Uttar Pradesh want oil marketing companies to call a third ethanol tender after the first two tenders failed to secure sufficient quantities of pre-coronavirus demand. […]

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Indian oil marketing companies running out of storage to take more ethanol from mills

Indian oil marketing companies running out of storage to take more ethanol from mills

April 1, 2020 |

In India, the Business Standard reports that sugar mills’ fears of reduced demand for ethanol due to COVID-19 are already coming true as oil marketing companies fail to receive ethanol supplies as expected. With fuel demand low, OMC depots don’t have the storage to keep taking on more ethanol supplies but the Indian Sugar Mills […]

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Chhattisgarh state cabinet OKs ethanol plants co-located at four coop sugar mills

Chhattisgarh state cabinet OKs ethanol plants co-located at four coop sugar mills

March 24, 2020 |

In India, the Daily Pioneer newspaper reports that the Chhattisgarh state cabinet has approved proposals for public private partnership model ethanol plants to be set up at cooperative sugar mills in Kawardha, Pandaria, Balod and Ambikapur. The Indian government has been providing soft loans and other support to try to encourage sugar mills to introduce […]

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Indian mills look for ethanol financing workarounds with banks

Indian mills look for ethanol financing workarounds with banks

March 5, 2020 |

In India, in an effort to get around the financing challenges sugar mills have had to secure financing due to poor balance sheets, Cogencis news agency reports that mills are asking banks to look at ethanol investments as separate to the mills themselves in an effort to unblock finance. The option to have tripartite financing […]

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Indian sugar mills offer only a fraction of ethanol required at latest tender

Indian sugar mills offer only a fraction of ethanol required at latest tender

March 2, 2020 |

In India, Cogencis news agency reports that sugar mills have offered only 315 million liters of ethanol to oil marketing companies during the most recent buy tender that sought 2.53 billion liters. Two of the 48 mills that presented offers were rejected for failure to submit proper paperwork. The recent droughts in Maharashtra and Karnataka […]

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Just 37 Indian sugar mills have received soft financing to boost ethanol production

Just 37 Indian sugar mills have received soft financing to boost ethanol production

January 27, 2020 |

In India, the Financial Express newspaper reports that just 37 sugar mills have received soft loans for boosting ethanol production from a total 417 who applied for funding. More than 360 mills received “in principle” approval but only 96 actually approached banks for the financing. Of the approved funding, eight projects have been completed, adding […]

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As many as 20 Maharashtra sugar mills seen diverting B-heavy molasses to ethanol

As many as 20 Maharashtra sugar mills seen diverting B-heavy molasses to ethanol

January 2, 2020 |

In India, the Press Trust of India reports Indian Sugar Mills Association data shows that as many as 20 sugar mills in Maharashtra are diverting B-heavy molasses to ethanol in line with the government’s intent to not just reduce sugar production in the face of low global and domestic sugar prices but also to increase […]

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Uttar Pradesh coop mills to invest $22.6 million in 53 million liters of extra ethanol production

Uttar Pradesh coop mills to invest $22.6 million in 53 million liters of extra ethanol production

October 23, 2019 |

In India, the Business Standard newspaper reports that Uttar Pradesh cooperative sugar mills expect to supply an additional 53 million liters of ethanol to oil marketing companies following invest of $22.6 million in fresh production capacity. With the addition of zero-discharge technologies at six existing distilleries in the state, an additional 35 million liters of […]

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Indian coop sugar mills beg for right to use sugar as ethanol feedstock

Indian coop sugar mills beg for right to use sugar as ethanol feedstock

August 29, 2019 |

In India, the Hindu Business Line newspaper reports that with 48 million metric tons of sugar supplies on hand between current stocks and record production next year, the National Federation of Cooperative Sugar Factories is asking the government for permission to use extensive volumes of sugar as feedstock for ethanol production. The association hasn’t put […]

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Transport minister calls on Maharashtra mills to sell ethanol directly to consumers

Transport minister calls on Maharashtra mills to sell ethanol directly to consumers

July 16, 2019 |

In India, the Tribune newspaper reports that the transportation minister has called on sugar mills in Maharashtra to set up filling stations on-site in order to sell ethanol fuel directly to consumers. The government is facilitating investment in expansion of ethanol production and promoting vehicles like the new ethanol-fueled motorcycle in an effort to boost […]

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