Sweet Sugar Ethanol Coming Stateside (://URLFAN)

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Sweet Sugar Ethanol Coming Stateside

Post Date: Jun 10, 2008 12:00 a.m.
Ranked website: earth2tech.com (Ranks #3493 of 2,815,144)

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The American ethanol industry, the world’s largest, is about to get a little sweeter. Louisiana Green Fuels (LGF), an international investment group, says it is on schedule to open up the first commercial sucrose-to-ethanol plant in America. LGF, which is 80 percent owned by Inverandino, a Colombian business group, tells Earth2Tech it plans to have four ethanol plants and three sugar mills in operation in Louisiana in the next 10 years pumping out 100 million gallons of sugar-based ethanol a year. (Hat tip Miami Herald , via Green Car Congress ) In the wake of hurricanes Katrina and Rita LGF has been buying up shuttered sugar mills and dormant equipment in the devastated Gulf region, and now owns three mills in Louisiana. Prices were probably pretty good for those hurricane-ravaged mills and LGF says that a sucrose-based ethanol industry could help revitalize the area. Louisiana seems to agree and has done lots to help LGF. The state sold the comp...

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