Egypt’s PM launches $4M ethanol plant at Suez Canal

In Egypt, the Egypt Independent newspaper reports the Prime Minister inaugurated the $4 million “Kemet for Integrated Industries” ethanol plant in Sokhna Industrial Zone of the Suez Canal Economic Zone last Sunday. The facility will use sugarcane and beet molasses feedstock to produce 2 million liters of ethanol per year. The ethanol, which will be available at different purities, will be for the domestic chemical, pharmaceutical and cosmetic industries. The government is pushing for more value added production to strengthen the domestic market.