Chashma Sugar Mills Limited has announced to set-up an ethanol manufacturing facility.     The Board of Directors of one e  of the largest sugar mills in Pakistan has approved the incorporation of a new subsidiary company in the name of “Premier Grain Ethanol Limited” for manufacturing, production, formulation, extraction, treatment, blending, refining, purification, distillation, fermentation, reduction, dehydration, rectification, preparation, processing, and sale of various types and grades of ethanol as well as related products/by-products derived from grains as raw materials,” read the notice.   Ethanol is a renewable fuel that can be produced from biomass sources such as corn, sugarcane, and cellulose. It is an important industrial chemical and is used as a solvent, in the synthesis of other organic chemicals.     Ethanol is widely used as a fuel additive and engine fuel and is often blended with gasoline to reduce emissions and dependence on fossil fuels.  The company,   a subsidiary of Premier Group,     said that the total paid-up capital of the new company will be Rs650.02 million.              (ICE ISLAMABAD)

Fonte notizia: business recorder