Roxas wants to boost biofuels to 20% of overall sales

In the Philippines, Roxas Holdings wants to boost the share of biofuel sales to 15% to 20% overall by September, helping to diversify away from sugar. Ethanol production is currently above nameplate capacity of 100,000 liters per day at 120,000 liters per day as the company seeks to eek out efficiencies from water to energy use. The target is currently 30 million liters of annual production.