Shree Renuka Sugars to set up enhanced ethanol capacity this month

The Wilmar Group, located in Singapore, owns Shree Renuka Sugars, and plans to finish increasing its ethanol production from 720 klpd to 1,250 klpd in the March quarter.

The company estimates that, excluding the refinery industry, ethanol will account for around 40% of its income.

The demand for ethanol is high, therefore it shouldn’t come as a surprise if the industry diverts 4.5–5 million tonnes (mt) of sugar to make ethanol, according to AtulChaturvedi, Chairman of Shree Renuka Sugars.

 

Site Moved. Visit our New Website

We have moved this news site from this URL to https://www.newprojectstracker.com/capex-news .

Visit this site for regular updates

Buy Latest Research Reports

Jayaparakash Sampath

Founder & CEO at NPT Research Information Services

Related Posts