Thai sugar producers ink R&D agreement to reduce costs, make new markets feasible

March 29, 2012 |

In Thailand, the Bangkok Post reports that sugar producers and operators, along with the Office of the Cane and Sugar Board have agreed to an R&D worth 300 million baht to improve product quality and reach.  The research projects are looking to improve yields by developing disease and drought resistant strains of sugar cane, with higher yields.

The industry is seeking to cut production costs in order to find more opportunities in markets such as biodegradable plastic, biofuels, and raw materials for both cosmetics and medicines.  The effort is in anticipation of Asian Economic Community market integration in 2015.

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