With the current cost of production of sugar at Uitvlugt being unsustainable, government is seeking to determine the feasibility of establishing an ethanol plant there as part of diversification and sustainability plans, according to Guyana Sugar Corporation (GuySuCo) CEO Sasenarine Singh.
In this regard, GuySuCo has advertised for expressions of interest “for a consultancy service to undertake a feasibility study for the setting up of a fuel ethanol plant.”
“It is just a study to decide on if ethanol can be made or not. It is not an investment,” Singh explained to the Stabroek News yesterday while pointing out that it is all part of the company’s strategic plan which is referenced in the Minister of Agriculture’s budget speech.