Tamil Nadu - Chennai News
Chemical units for total ban on export of molasses, alcohol
Free inter-State movement of molasses sought "They will prove beneficial to
the economy in the long run"
CHENNAI: A total ban on molasses and alcohol export is one of the measures the
Chemical Industries Association wants the Centre to initiate towards ensuring
their reasonable prices. Other measures it recommended were ensuring total
utilisation of molasses in "one or other productive manner," free inter-State
movement of molasses and industrial and fuel alcohol blended with prescribed
denaturants and encouraging production of non-molasses based alcohol for potable
purposes.
It urged the Centre to take these steps in the event of sugar mills and distilleries
not coming forward to negotiate and agree on an acceptable pricing formula for the
sugarcane by-products.
Association president P.K.N. Panicker made these suggestions in the context of
Union Minister for Petroleum and Natural Gas Murli Deora's recent announcement
scrapping the process of national oil companies buying ethanol at negotiated prices.
The Minister, instead, directed the companies to procure the sugarcane byproduct for
use as a blend in petrol through an open tender system.
Reasonable parameters
Detailing the developments leading to the Minister's directive, Mr. Panicker,
in a release, said: "We fully agree and support that the sugar and ethanol producers
should get reasonable prices and profit." But they should not create situations in which
the alcohol-based chemical industry and the oil industry find it impossible to procure
alcohol and operate within reasonable economic parameters. If the Centre implements the
four-pronged measures, they will prove beneficial to the economy in the long run, he said.
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