Zambia Sugar to Set Up Ethanol Plant
by Maimbolwa Mulikelela (AllAfrica) ZAMBIA Sugar Plc has pledged to support Government’s efforts in mitigating the high cost of fuel and help create employment opportunities through the establishment of an ethanol plant in Zambia. This follows a recent announcement by the Government that it was ready to sign a memorandum of understanding with Zambia Sugar to start producing ethanol aimed at reducing the escalating prices of fuel.
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He (Corporate affairs manager Lovemore Sievu) said once the discussions were finalised with the Government, Zambia Sugar would produce and supply ethanol to the Government and, thereby, reduce on the foreign exchange spent on the procurement of fuel.