Conazucar calls for Dominican Republic to greenlight $148 million sugar cane ethanol and power plant

In the Dominican Republic, the president of Conazucar said that President Leonel Fernandez should greenlight a $148 million sugar cane ethanol and power plant in San Pedro. The proposed plant in dependent on leases to three sugar mills, which the president initially awarded to Conazucar, but recently re-awarded Central Romana and Grupo Vicini. Central Romana is controlled by Fanjul family interests. The proposed plant will produce 16 Mgy of ethanol and 27 MW of electricity.

Grupo Vicini and Central Romana Corporation recently delayed in their own pursuit of the project after negotiations with the government collapsed over incentives.

In the Dominican Republic, the government has authorized E7.5 blends for sale across the country, citing high gasoline costs of $5 per gallon. The government also announced that it would distribute low-energy light bulbs and switch vehicles to compressed natural gas to save on fuel costs. Meanwhile, companies such as Brazil’s Infinity Bio-Energy Ltd. and Dominican Bioetanol Boca Chica are investing up to $200 million towards establishment of a Dominican ethanol industry based of the country’s extensive sugar cane resources.

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