Roxas Holdings seeking to boost share of revenues from ethanol

February 18, 2015 |

In Indonesia, the Philippines’ Roxas Holdings is looking at its first foreign venture where it would invest in a sugar mill and ethanol plant. The deal would be a joint investment with Hong Kong-based First Pacific. The company is looking for a 40/30/30 revenue split between sugar, ethanol and co-generation. Currently only 15% of Roxas’ revenues come from ethanol.

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Category: Fuels

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