Petrojam Ethanol now seen as block to Jamaican sugarcane deal

In Jamaica, Agriculture Minister Dr Christopher Tufton announced the sale of the St Thomas and Trelawny sugar companies, but did not elaborate on the fate of the Petrojam Ethanol unit that was added to the package last year when Brazil’s Infinity was negotiating to make the acquisition. The Jamaica Gleaner is reporting that the buyers of the sugar cane plants had not shown great interest in Petrojam, and that only one prospective buyer had shown interest in ethanol, since the collapse of the Infinity deal. Petrojam is now in limbo, according to reports.

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