Sugar stocks rallied up to 7 per cent on September 16 after the Department of Food and Public Distribution authorised sugar mills and distilleries to manufacture Rectified Spirit and Extra Neutral Alcohol using sugarcane juice and B-heavy molasses. The move came alongside the government’s recent approval for sugar mills and distilleries to produce ethanol from sugarcane juice, B-Heavy molasses, and …
The government has lifted restrictions on production of ethanol from sugarcane juice, b-heavy and c-heavy molasses for the next ethanol supply year that begins in November. In a communication on Thursday, the Department of Food and Public Distribution said sugar mills and distilleries can produce ethanol, as agreed with oil marketing companies, from sugarcane juice, sugar syrup, b-heavy or c-heavy …
Sugar mills can now sell potash derived from molasses to fertiliser companies to earn additional revenue and also receive nutrient-based subsidies on it, food and public distribution secretary Sanjeev Chopra said on Thursday. The union government said it has facilitated a mutually agreed price of ₹4,263 per metric tonne for the sale of PDM by sugar mills to fertiliser companies …
The Indian Sugar Mills Association on Friday suggested compensatory increase in pricing for ethanol produced from B and C heavy molasses in the wake of the direction of the Ministry of Consumer Affairs, Food and Public Distribution restricting the use of sugarcane juice and syrup for ethanol production. “While acknowledging the government’s intent to balance the needs of consumers, ISMA …
