Ghana commissions sugar mill with an eye on ethanol exports
May 30, 2016
| Meghan Sapp
In Ghana, the president has re-commissioned the country’s first sugarcane mill with an eye to participating in the global ethanol industry through exports. The mill will crush 1,250 metric tons of cane per day and will cut the country’s sugar import bill by $200,000. Between ethanol exports and offsetting sugar imports, the country expects to solidify its foreign exchange situation and in turn stabilize the local currency. The mill was first developed by the country’s first president but then was abandoned in the 1980s following poor management.
Category: Fuels