JDW Sugar Mills Plans State-of-the-Art Ethanol Project with Daily Output of 200,000-230,000 Liters
Board envisions the project attaining COD (Commercial Operation Date) by January 2025, contingent upon the fulfillment of all requisite corporate and regulatory prerequisites.
Karobar
In a recent announcement, the Board of Directors (BoD) of JDW Sugar Mills Limited (PSX: JDWS) has unveiled its decision to initiate an advanced Ethanol/ Distillery Project. This project is set to boast a remarkable daily production capacity ranging from 200,000 to 230,000 liters, as indicated in the company's filing on the local stock exchange.
The forthcoming Ethanol/ Distillery Project is anticipated to be a cutting-edge facility, dedicated to manufacturing export-quality Ethanol. The raw material for this venture will be sourced from the company's in-house sugar molasses, ensuring a sustainable and controlled production process.
It is worth highlighting that JDWS primarily focuses on the production and sale of crystalline sugar, electricity, and the management of corporate farms.
