U.S. ethanol production quickly bounced back after its pandemic-driven crash in late March and April, though both output and use have plateaued in the last month and remain below typical levels, a bit unsettling as far as corn demand is concerned.
Rex American Resources Inc. released second quarter financial results on Aug. 26, conforming that its majority owned ethanol plants in Gibson City, Illinois, and Marion, South Dakota, are operating and that ethanol margins have been improving. During an earnings call, Stuart Rose, chairman of Rex, said “it looks like the worst is behind us,” when… Read More »
Gone are the days when Bihar used to contribute 40% of the total sugar production of the country. It has now gone down to barely 4%. Thanks to the apathy of the Nitish Kumar-led state government, which, experts believe, has done nothing in the past 15 years to revive this industry except making hollow claims for… Read More »
Workers and employees of Pabna Sugar Mill on Wednesday staged a demonstration at the mill gate demanding payment of Tk11 crore arrears to the sugarcane farmers, including six months’ wages and allowance. Meanwhile, 4,000 tons of sugar worth Tk24 crore remained unsold and the mill authorities are claiming that it is not possible to pay… Read More »
Sugar production in the world’s largest maker of the sweetener increased 51% in the first half of August when compared to a year earlier period, to 3.21 million tonnes for the centre-south region, industry group Unica said on Wednesday. Mills continued to favor production of sugar at the expense of ethanol in Brazil as sales… Read More »