Angolan bioenergy company plans to produce 100,000 tonnes of sugar

18.12.2017

In 2018 Angolan biofuel company Biocom plans to produce around 100,000 tonnes of sugar, 20 thousand cubic metres of ethanol and generate 146,000 megawatts of electricity by processing of 900,000 tonnes of sugarcane, said Deputy Director-General Luís Bagorro Júnior.

It is reported by Macauhub.

This year, after the June-December harvest, the company processed 567,000 tonnes of sugarcane that produced 58,100 tonnes of sugar (against 51,500 tonnes in 2016), 12,000 cubic meters of ethanol and 62,600 megawatts of electricity.

With revenues in excess of US $200 million, Biocom currently has a planting area of ​​22,000 hectares, which could reach 42,500 hectares in the 2022 campaign, a year in which the company expects to be operating at full capacity.

Installed in the municipality of Cacuso, Biocom is one of the largest Angolan agro-industrial projects, led by Brazilian group Odebrecht, which owns 40% of the company. The remaining 60% is shared between the Angolan private company Cochan, with 40% and Angola’s state-owned oil company Sonangol, with 20%.

Biocom is the only such project in Angola and, in addition to sugar, produces ethanol and generates electricity that it places in the public grid. In the first campaign of 2015/2016, it produced 24,770 tonnes of sugar, 10,243 cubic metres of ethanol and 42,000 megawatts of power.


ukrsugar

Readers choice: TOP-5 articles of the month by UkrAgroConsult