Kakira Sugar worries about low oil prices but ethanol commissioning still half a year off

In Uganda, Kakira Sugar is preparing to commission its $37 million ethanol facility in July that will produce 20 million liters annually from molasses. With the country’s E20 policy pending implementation, the company expects to see into the local fuel market or potential into the chemical market for products such as hand sanitizers. Low oil prices are a concern for the company but with still seven months to go until commissioning, the energy situation could change a lot by then.