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update:Aug 27, 2008
Jamaica Broilers doubles ethanol plant
Jamaica Broilers will expand its ethanol business, and
will pump US$15 mln into expanding the plant at Port
Esquivel.
This project will result in capacity doubling from 60 mln gallons of wet
ethanol to 120 mln gallons of fuel grade ethanol.
The company stated that the project was under consideration after
snagging $86 mln of ethanol sales in 10 months on a better than expected 45 mln gallons
shipped to the US.
The company's poultry business remains its dominant operation. However,
sales of $114 mln last year to 3 May, 2008, maintained only a slight edge over
ethanol, whose revenues, when annualised, came in at $103 mln.
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