Ethanol Energy sugarcane biofuel ethanol plant Agronomy Asociación de Combustibles Renovables de Guatemala (ACR) Asociación de Productores de Azúcar de Honduras Aída Lorenzo Business and Investment alternative energy exports production sugar Agricultural Development Ministry (Panama)

Honduras: Sugar Producers want Legal Certainty

The sugar industry has asked the government for transparent policies in order to promote investment in bio-fuel production.

Thursday, March 10, 2011

©image: Male Gringo

The issue of expropriations in Bajo Aguán and the slow process of analysis by Congress regarding Decree 18-2008 on delinquent land, are some of the issues concerning investors.

Elheraldo.hn adds, "Members of the Association of Sugar Producers (APAH) state that investments cannot continue without clear rules. Carlos Melara, APAH executive, said that “investors need transparent policies to move forward and continue investing, especially in ethanol and bio-fuel."

Source: elheraldo.hn

Key entities

Asociación de Productores de Azúcar de Honduras Honduran Ministry of Agriculture and Livestock Jacobo Regalado

Countries

Honduras

Insight

production legal certainty safety sugarcane ethanol plant Ethanol biofuel Energy Business and Investment Agronomy

IDB backs $150 million Regional Financing Facility for Sugar and Bioenergy

February 2009

Program will focus on northeastern Brazil, Mexico and Central America.

The Inter-American Development Bank will support the establishment of a $150 million facility to provide short-term trade financing and medium-term investment loans to sugar and bioenergy companies and exporters in Brazil, Mexico and Central America.

Sugar Mill Invests $93 Million in Guatemala

May 2010

Pantaleón Sugar Mill will invest $50 million to increase its sugar production and $43 million to enlarge its ethanol manufacturing facility.

Mauricio Cabarrús, general manager at Pantaleón, remarked that they plan to increase their sugar cane production from 25 million to 28 million tons.

Honduran Sugar after Mexican Market

October 2010

Mexico opened an export quota for 100,000 tons of sugar, with Honduran sugar producers attempting to take advantage of it.

Sugar is not listed as an exchange product under the FTA signed by both countries.

The director of the Sugar Producers Association of Honduras (APAH), Carlos Melara, said they are requesting Mexican authorities to provide equal trade conditions like the ones granted to Nicaragua for sugar export.

Guatemala: Grupo Pellas Invests in Sugar Mill

June 2011

With an undetermined investment amount, Nicaragua's Grupo Pellas has taken over the Chabil Utza Mill at Alta Verapaz and proposed its revival.

Miguel Maldonado, the general manager of Chabil Utzaj, told Siglo21.com.gt that the new administration will be composed of Guatemalans who have extensive experience in the sugar industry.

close (x)