Panamanian Company to Export Molasses
Eviday S.A. is preparing the first shipment of molasses under the Melosa brand to Spain while negotiating more shipments to Japan.
Friday, March 27, 2009
The company can produce 10 gallons (37 liters) of molasses from a ton of sugarcane and it highlighted the need for further support in research to develop varieties with better yields.
Eviday, a sugarcane honey comany, will ship the first containers in March.
Guatemala's sugar growers expect to harvest 48.5 million quintals in the 2009/10 period.
The country has high quality honey but is far from competing with the big exporters like China and India.
With a yield of 12.2 tons per hectare, the industry produced 2.8 million metric tons in the 2013/2014 harvest, generating $1.13 billion for the production of sugar, alcohol and molasses.
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