Wednesday, July 2, 2008
JB weighs expansion of ethanol plant
JB Ethanol Limited wants to double capacity at its Port Esquivel plant after turning over an impressive $6 billion of revenues in 10 months, but is wary of taking the plunge because of uncertainty over the short-term performance of ethanol prices in its sole market, the United States. A decision could be made as early as next month, said Christopher Levy, senior vice-president at Jamaica Broilers Group and the executive in charge of the company's nascent ethanol business.
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