In India, Chini Mandi reports in Rajgoli, Maharashtra, global commodity leader Olam Agri announced a $60 million investment to develop a multi-input bio-ethanol plant adjacent to its existing sugar factory. The facility, expected to be operational by March 2025, will produce ethanol from sugarcane and corn, aligning with India’s shift to mixed fuels like B20. With this move, Olam Agri plans to double its sugarcane crushing capacity to 8,500 tonnes per day.
This advanced bio-ethanol plant will provide flexibility by allowing the use of multiple feedstocks, ensuring consistent ethanol production even if one crop’s yield is low. The investment responds to India’s growing demand for biofuels and reflects Olam Agri’s ongoing efforts to integrate sustainable agricultural practices in its operations.
The company has also been working with over 25,000 sugarcane farmers since 2011, promoting sustainability through partnerships with organizations like the International Finance Corporation. This bio-ethanol unit furthers Olam Agri’s commitment to innovation in the agricultural sector, enhancing both production and environmental responsibility.
Tags: ethanol, India, Olam Agri
Category: Fuels
