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May 14, 2009 | Jim Lane | Comments 0

Jamaican government may sell Petrojam ethanol plant and three sugarcane estates to Energen

In Jamaica, the government’s efforts to sell off the money-losing Sugar Company of Jamaica as a combined entity have failed, and the government is said to be preparing to divest the seven plantations and the Petrojam ethanol plant to four different investor groups. Energen is said to be in the lead to acquire the Petrojam Ethanol facility and the Bernard Lodge, Innswood, Monymusk sugarcane estates in Clarendon.

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