SUGAR/ETHANOL NEWS

The IPO is a book-built offering, valued at Rs 839.28 crore. It opened for subscription on September 25 and will close on September 29.

Sugar Ethanol Bioenergy Int- The Government recently allowed export of 2G ethanol (ethanol manufactured from agricultural residues etc) to enhance the international market for the indigenously produced green fuel. Speaking on the matter, B B Thombare, President, West India Sugar Mills Association and Managing Director of Natural Sugar and Allied Industries, said that the Government should allow export of 1G ethanol (manufactured from molasses and grain-based feedstocks) as there is surplus production in the country.

Sugar Ethanol Bioenergy Int- India may buy corn from the United States for ethanol production and increase energy imports as part of new proposals in ongoing trade discussions, according to the various media reports.

Sugar Ethanol Bioenergy Int- Indonesia will soon begin building facilities to produce methanol and ethanol in an effort to reduce its heavy dependence on imports, State Secretary Prasetyo Hadi said on Sunday. He noted that several projects are set to start construction but did not share further details.

Sugar Ethanol Bioenergy Int- The Trading Corporation of Pakistan (TCP) has issued a fresh tender to buy 100,000 metric tons of white refined sugar, with bids due by October 6, European traders said on Monday. The delivery of the sugar is expected around November 15.

Sugar Ethanol Bioenergy Int- Sugar mills in Maharashtra earned Rs. 6,378 crore from ethanol sales during the 2024–25 crushing season, according to details shared at a high-level ministerial committee meeting held at Mantralaya on Tuesday. The meeting, chaired by Chief Minister Devendra Fadnavis, finalised the policy for the upcoming 2025–26 sugarcane crushing season, which is set to commence on November 1, 2025.

SUGAR ETHANOL BIOENERGY INTERNATIONAL- Union Road Transport and Highways Minister Nitin Gadkari emphasized the economic advantages of ethanol production on Monday, stating that farmers have generated an additional Rs. 45,000 crore by producing ethanol from corn.

SUGAR ETHANOL BIOENERGY INTERNATIONAL- India is rapidly solidifying its position as a central force in the global energy landscape and not just part of the world’s energy story, said Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Friday, sharing the key figures of the industry. Sharing the figures, he added in his X post on Friday, he added that now the world’s third-largest energy and oil consumer, India is also the fourth-largest refining hub, boasting a total refining capacity exceeding 258 million metric tonnes per annum

Union Home and Cooperation Minister Amit Shah’s recent push for CBG has given a strong boost to this optimism. In his visit to Kopargaon in Ahilyanagar district, Shah inaugurated India’s first cooperative-based CBG plant at the Sahakar Maharshi Shankarrao Kolhe Cooperative Sugar Factory.

Crystal sugar prices remain firm at São Paulo mills