“We have created an opportunity in Tanzania to produce ethanol from molasses” he said in an interview at the company’s annual general meeting here. “We will invest in an on-site production facility to turn the molasses into high-value alcohol.”

The plant will be situated in the south-central Morogoro region of Tanzania. “The approval process is almost complete, and work on the distillery will start within a month with production expected to begin in 2013,” Clark said. “The operation is expected to produce 12 million litres a year.”

The plant is part of Illovo’s plan to expand in other African countries to meet growing demand for sugar and sugar products, and to reduce the company’s reliance on its home country, where less land is available for plantations.

“Illovo is also considering starting fuel and ethanol production in Zambia, Mali, and may consider similar projects in Malawi.”

<i>By ESI-Africa.com

For more information visit http://goo.gl/PZgxW</i>