In India, Dollex Industries and Madhya Pradesh government have signed an agreement for a $26 million investment in an integrated agro-energy complex for sugar processing, and ethanol and power generation.
Last month, India announced it will double its current ethanol mandate from E5 to E10.
The measure is intended to address the rising sugar stocks in the country amidst depressed global sugar prices, as well as address India’s rising demand for fuel at a time of historically high oil prices.
India had been facing a glut of sugar, with more than 12.1 million tonnes in store as of the end of September, or a full six months of national consumption. Fears of dumping of sugar onto global markets have depressed sugar prices around the world and caused the near-collapse of production in marginal sugar-producing areas such as Western Australia.
In Hawaii, Pacific West Energy said that it had reached an agreement with Kaua'i Island Utility Co-op critical to its development of a planned 15 Mgy sugar ethanol and 30 MW power facility. Pacific We...
In Mauritius, Mission Agro Energy will increase its stake in Mission Biofuels India to 90 percent, from 70 percent, after buying out Indian Agribusiness Systems. The company, a subsidiary of Mission B...
In Nigeria, the government of Nasarawa State has allocated $27 million to improve agricultural production including ethanol processing. The state said that it would construct an Agro Export Conditioni...
India will double its current ethanol mandate from E5 to E10, national Agriculture Minister Sharad Pawar announced today.
The measure is intended to address the rising sugar stocks in the country a...
In Malaysia, AGRO Biotechnology Technovation announced that it is building a 68 Mgy biodiesel plant, at a project cost of $281 million. The plant will open in March 2010. The company said that it expe...
In Texas, the 30,000 square foot Willie's Place is scheduled to open July 3rd as the hub of a fuel and entertainment complex that will include a 27-hole golf complex, a theater, residential area on a ...
