Thailand to Boost Cassava Production for Ethanol
January 8, 2014News article: http://www.bangkokpost.com/business/news/385581/cassava-based-ethanol-set-to-boom-in-2014
News article: http://www.biofuels-news.com/industry_news.php?item_id=7217
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In Thailand, the amount of cassava used in making ethanol is expected to double to 3 million tons in 2014 as the Ministry of Commerce moves to push up the price of the crop.
The Ministry of Commerce will allocate 10 billion baht ($306 million) to manage a cassava income guarantee plan for next season. Even if this income guarantee plan does not materialize in 2014, ethanol producers could still purchase fresh cassava root directly from farmers at a lower price (than the guaranteed price). This will result in reduced ethanol production cost and lower ethanol prices in the market.
Around 38 percent of Thailand's ethanol is made from cassava feedstock, with the rest coming from molasses.
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