any idea when is the announcement of ethanol price increase expected…
Triveni has put their ethanol expansion on hold… margins are low as cane price is high and ethanol price low. Dhampur Bio had already put the new plant on hold last year.
i think any company going for ethanol expansion is going to get into trouble… whether is it is cane based or grain based… companies which have added capacity in last one year will see fall in profits.
it is better to focus on improving efficiency (if possible) to increase margins.
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