Invest in ethanol production from sorghum, a grain that avoids the food to fuel controversyThe Business
The Company is planning a 39 million gal/yr ethanol plant that will use sweet sorghum as feedstock instead of corn or sugar cane as the American and Brazilian models use. The use of sweet sorghum, which is not a commodity, gives cost control and value advantage that translates to lower and sustainable production costs. Sweet sorghum is not part of the food chain and so avoids the “food to fuel” controversy. The proposed plant will serve the US market through Galveston using vessels loaded and from Altamira Port in Mexico.
The Company was established in 2007 and two years of applied research and seed capital investment determined the best sweet sorghum varieties, optimum production location and forecast production characteristics such as yields, costs, sugar content. In addition, the cost advantage over corn or sugar cane for ethanol production was confirmed.
Market
The Company has confirmed letters of intent from land owners of the 18,000 hectares of land that are necessary to supply the plant. Plant design has been completed and the Company has started a tender process for proposals for completion. The plant would take two years to build once funding has been secured.
Sector: Alternative EnergySegment: Ethanol ProductionRegion: Latin AmericaFinancing Size: More than $100mContact: Rafael Moreno
Company: THAES SA de CVTelephone: +52 818 262 8100Email: [email protected]
