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HomeSugar Industry NewsIndian sugar mills call for 10-year ethanol offtake contracts : Biofuels Digest

Indian sugar mills call for 10-year ethanol offtake contracts : Biofuels Digest

In India, the Business Standard newspaper reports that sugarcane mills have complained yet again that oil marketing companies are favoring non-sugar feedstock-based ethanol in their procurement. The OMCs have said previously they are not favoring grain-based ethanol over sugarcane, but they are trying to get a better balance between feedstocks. The mills say the OMCs’ reticence to enter into long-term contracts is getting in the way of their making the investments required to achieve the government’s 20% ethanol blending plans. They’re calling for 10-year contracts to ensure the viability of their investments.

The above news was originally posted on www.biofuelsdigest.com

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Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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