Guatemalan Sugar Producers Export Biofuels
In 2008, 265 million liters of ethanol and alcohol manufactured from sugar cane were exported to Europe and the United States.
Wednesday, May 27, 2009
Biofuel production generates additional income for sugar producers in Guatemala, which could be a palliative in the face of the economic crisis, according to comments from Fraterno Vila, president of the Sugar Association of Guatemala (ASAZGUA), in an article in Sigloxxi.com.
The sugar industry wants the government to pass legislation to mix ethanol into automotive fuel.
The new Panamanian Biofuels Act provides that from April 2013 a 2% of anhydrous bioethanol be incorporated into motor fuels.
The company predicts that it will export 80 million liters of ethanol to Europe in 2009 which will generate $56 million in income.
Daily production will surpass one million liters per day sometime between this year and the next, according to estimates from the Industrial Chamber of Nicaragua.
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