Tag: sugar mills

Indian ethanol production seen doubling to 3.6B liters by November 2021

Indian ethanol production seen doubling to 3.6B liters by November 2021

October 5, 2020 |

In India, the Economic Times newspaper reports that ethanol production should double by November 2021 at 3.6 billion liters, allowing for blending to reach an all-time high of between 7.5% and 8%. Sugar mills are working to invest in new production as well as expansion projects, with estimates that installed capacity could reach 5.9 billion […]

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Indian sugar mills have until October 15 to submit ethanol project proposals for soft funding

Indian sugar mills have until October 15 to submit ethanol project proposals for soft funding

September 29, 2020 |

In India, the Press Trust of India reports the government has given sugar mills until October 15 to submit proposals for new ethanol production capacity and take advantage of the soft loans announced in June 2018. Only 68 projects have been funded so far because of the weak balance sheets of many sugar mills but […]

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Brazilian H1 August ethanol production down nearly 6% on year

Brazilian H1 August ethanol production down nearly 6% on year

August 26, 2020 |

In Brazil, Reuters reports UNICA data shows ethanol production fell nearly 6% on the year during the first half of August to 2.27 billion liters as sugar mills continue to focus on sugar production over ethanol. That was further demonstrated by an increase of sugar production by 51% against the same period last year. Ethanol […]

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Brazilian ethanol production seen down 14% as mills favor sugar

Brazilian ethanol production seen down 14% as mills favor sugar

August 20, 2020 |

In Brazil, Reuters reports CONAB data shows sugar mills continue to heavily favor sugar production over ethanol this season. Although the overall sugarcane crush is seen holding mostly steady with last year at just over 642 million metric tons, ethanol production is expected to fall 14% on the year to 30.56 billion liters, including 2.61 […]

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India sets ethanol price for five years to give mills stability but raises cane price

India sets ethanol price for five years to give mills stability but raises cane price

August 20, 2020 |

In India, the Business Standard newspaper reports that the government has agreed to set the ethanol price for five years, which is expected to give sugar mills stability and increase revenues. Yet at the same time, the government has also increased the price mills must pay farmers for sugarcane. Policy over the past many years […]

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Brazilian sugar mills favoring hydrous ethanol production over anhydrous

Brazilian sugar mills favoring hydrous ethanol production over anhydrous

July 15, 2020 |

In Brazil, Platts reports mills are favoring hydrous ethanol production over anhydrous with 7.18 billion liters of hydrous produced this season through July 1. Conversely, only 2.82 billion liters of anhydrous was produced during the same period, 13% less than last year. Sugar mills have switched to more sugar production rather than ethanol because of […]

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Indian sugar mills sign deals for 1.7B liters of ethanol sales to OMCs

Indian sugar mills sign deals for 1.7B liters of ethanol sales to OMCs

June 30, 2020 |

In India, ethanol supply contracts for 1.70 billion liters have been entered into between ethanol manufacturers/sugar mills and oil marketing companies (OMCs) for the current ethanol supply year (Dec-Nov) 2019-20. Against this, 925 million liters of ethanol have already been supplied to the OMCs between Dec. 1, 2019 and June 22, 2020, achieving an average […]

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Rules for Brazilian sugar mills to sell ethanol directly could be ready for October

Rules for Brazilian sugar mills to sell ethanol directly could be ready for October

June 17, 2020 |

In Brazil, Reuters reports that following the National Energy Policy Council’s decision earlier this month to allow mills to sell their ethanol directly to retailers, the mines and energy minister said rules could be in place by October. Oil regulator ANP is developing the regulations that would facilitate the trade. The sugar industry has been […]

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Indian oil companies seek nearly 1B liters of ethanol but likely to get 20%

Indian oil companies seek nearly 1B liters of ethanol but likely to get 20%

June 3, 2020 |

In India, the Economic Times newspaper reports that oil marketing companies have opened a fresh tender to seek ethanol from sugar mills, this time 990 million liters for supply between July 1 and November 30. Uttar Pradesh is the only major sugar producing state still operating, with Maharashtra and Karnataka already closed, so UP mills […]

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Indian sugar mills look at tripartite financing to boost ethanol production

Indian sugar mills look at tripartite financing to boost ethanol production

May 19, 2020 |

In India, the Hindu Business Line newspaper reports that sugar mills are looking to create a tripartite financing mechanism with banks and oil marketing companies in an effort to boost ethanol production and divert sugarcane from sugar production. Although policy supports increased ethanol consumption and OMCs often struggle to get the required amount of ethanol […]

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