Cuba boosting alcohol from sugar cane production
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After closing 70 of the island's 156 sugar mills as part of a restructuring plan in 2002, Cuba recently changed course and plans to triple sugar production to 3 million tons in order to produce alcohol from sugar cane. The plan means a huge increase over the 1.2 million tons of sugar to be harvested this year, and is brought on by the surge in sugar and ethanol prices, and expectations of further increases. Half of the land that was occupied by sugar cane before the 2002 restructuring has since been changed to other crops and ranching, a move which will have to be reversed to implement the ambitious plan. [Source: MercoPress]
Reader Comments (Page 1 of 1)
Charles S 4:04PM (6/26/2006)
Ironic. High fuel prices, partly due to high usage from USA, is boosting revenues for nations that we place sanctions upon.
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